Debate On Biologics Emerges In Australian Election; Ambassador Warns Of U.S. TPP Delay
The fight over the period of market exclusivity for biologics under the Trans-Pacific Partnership has become a point of controversy in Australia's federal election slated for July, with the opposition Labor Party charging that the current government seeking reelection will concede to further changes to the marketing exclusivity period for biologics with the effect of driving up drug prices. This has led the Australian Minister for Trade and Investment Steven Ciobo to reiterate his opposition to making any changes to...