Limiting new drug patent term extensions would be beneficial
By Lee, Jeong-Hwan | translator Alice Kang
24.11.25 05:43:17
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The proposed amendment to the bill aims to address the issue of how pharmaceutical companies with new drugs have been operating a de facto ¡°market monopoly¡± on new drug patents by 'overlapping' the patent term extension system, delaying the timing of generic launches, infringing on the public's right to choose medicines, and causing losses to health insurance finance
Lee, Jeong-Hwan(junghwanss@dailypharm.com)
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