China's Compulsory License Rule Has Drug Cos. On Edge

Law360, New York (June 12, 2012, 8:00 PM ET) -- China's new patent regulations allowing the government to force drug companies to grant compulsory licenses for generic versions of their products if it is deemed to be in the "public interest" has the pharmaceutical industry worried about where China will draw the line, attorneys said.

The new regulations issued by China's State Intellectual Property Office last month say the government can order compulsory licenses for generic drugs when there is a "national emergency or any extraordinary circumstances, or for public interest purposes."

What constitutes the public...
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