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Time to stop the delay in drug patent conflict

By | translator Byun Kyung A

20.05.06 06:10:29

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 ¡ãProfessor Kim Kwan Shik

The world bombarded with COVID-19 related news has been disheartening. Even the new coined term ¡®Corona Blue¡¯ was trending. But on the lighter side, I came across some good news for myself, who mainly lectures and researches on patent law depicted in news articles. It was from a global pharmaceutical company, AbbVie announcing it would give up on the global patent rights to Kaletra, a potential COVID-19 treatment. In other words, anyone can make a copycat version (generic) of Kaletra. Anyone with a slightest interest in the industry would understand that giving up on a patent right means a tremendous commitment. Considering pharmaceutical companies are spending astronomical expense to protect and extend the pharmac

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