More than 100 Democrats call on Lighthizer to scrap USMCA biologics language
More than 100 House Democrats are urging U.S. Trade Representative Robert Lighthizer to remove biologics provisions from the U.S.-Mexico-Canada Agreement – which they say would lead to higher drug prices – and amend the pact to conform with the May 10 agreement. USMCA would require parties to provide biologics with an exclusivity period of at least 10 years. The current exclusivity period in the U.S. is 12 years, while in Mexico it’s five years and in Canada it’s eight. In...