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Advocates urge Biden to name patent office director that could transform drug pricing – Boston, Massachusetts

Boston, Massachusetts 2021-07-19 16:56:26 –

A■ The White House is ready to appoint a new head of the US Patent and Trademark Office. Simultaneous Many advocacies and nonprofits see the opportunity to review their patent-issuing approach and prevent Americans from accessing the medicines they need.

Over the past few years, patent protection has sparked widespread debate over rising costs of prescription drugs in the United States. This issue reflects concerns that pharmaceutical companies are increasingly being granted patents that have little impact on medical innovation, but expand their monopoly. Not only does it prevent low-cost competition, but it also enables continuous price increases.

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Advocates urge Biden to name patent office director that could transform drug pricing Source link Advocates urge Biden to name patent office director that could transform drug pricing

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