DC OKs Controversial Compulsory Licensing Bill

Law360, New York (May 17, 2005, 12:00 AM EDT) -- Washington, DC has tentatively approved a controversial bill that would let the city issue a compulsory license to a generic drug maker if the price of a drug sold to the city is deemed excessive.

The Prescription Drug Compulsory Manufacture License Act of 2005, first introduced in February by Councilman David Catania, was approved unanimously by the city council on its first reading earlier this month.

The bill would become a law if it passes on its second and final reading and vote on June 7...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.