AARP Opposes 12-Year Exclusivity For Biologic Drugs In TPP
By Scott Flaherty (October 24, 2013, 4:43 PM EDT) -- AARP Inc. said Tuesday that U.S. trade negotiators should not push for a provision in the Trans-Pacific Partnership that would allow brand-name biologic drugs to have exclusive access to the market for 12 years.
AARP, which represents Americans 50 and older and their families, sent a letter to U.S. Trade Representative Michael Froman saying the U.S. should not sign onto a TPP agreement that binds it to a 12-year market exclusivity period for branded biologic medicines, which can be used to treat diseases like cancer and rheumatoid arthritis.
Biologics — medicines developed through biological processes — tend to be more expensive...
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