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Seattle Genetics, Inc. Message Board

  • Ricardouno Ricardouno Jun 28, 2012 4:16 PM Flag

    12 Year Biologic Exclusivity Still Intact

    12 Year Biologic Exclusivity is Still Intact.

    Despite partisan differences on health care and the Supreme Court now weighing in on some issues, the 12 year exclusivity on bio-pharmaceuticals remains intact.

    Presently the 12 year time frame, in general, has decent bipartisan support ( pretty good Democratic and strong Republican )....despite the President being lukewarm to negative on that time-frame length.

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    Ricardo's view: 12 years seems a perfectly good balance point between the need to provide an environment to sustain vigorous capital intensive biologic pharmaceutical innovation in the private sector, while providing a reasonable time period in which these expensive drugs eventually are open to "generic" entries and at a somewhat lower pricing.

    Politicians, please kindly do not mess with this reasonable and balanced solution.

 
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