Australian Official Offers Detailed Interpretation Of TPP Biologics Provision
Australia's chief negotiator for the Trans-Pacific Partnership (TPP) at a hearing in the Australian Parliament Monday (Feb. 22) gave a detailed description of how Australia believes it already complies with the TPP provision on market exclusivity for biologic drugs, including the requirement to apply “other measures” that extend the monopoly period beyond five years. Elizabeth Ward, first assistant secretary in the Office of Trade Negotiations at Australia's Department of Foreign Affairs and Trade, said the “other measures” refer to three...