Chinese Drugmakers Target Expiring U.S. Patents

Law360, New York (November 18, 2003, 12:00 AM EST) -- Chinese drugmakers are targeting expiring U.S. drug patents in a bid to accelerate their expansion plans, the South China Morning Post reported.

Imitating their Indian counterparts, the Chinese firms view acquiring expiring life-sciences technology and over-the-counter drug patents from U.S. companies a more time-efficient option than developing new drugs.

U.S. makers of branded drugs have hesitated to enter the Chinese market given the widespread intellectual property rights violations in the country.

Last week, international agencies including WHO began a three-day meeting in Hanoi to try to...
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