In response to pressure from the US government regarding Brazil's modernization of its patent legislation, and local pharmaceutical companies being labelled "pirates" by multinational pharmaceutical firms operating in Brazil, ALANAC, the Brazilian pharmaceutical industry association that groups together the national drug companies, has taken out notices in the local press to rebuke the comments and state its case.
ALANAC argues that five of the top selling pharmaceutical products in Brazil are priced substantially lower by the local producer compared to the product offered by the foreign company which holds the patent for the product (see table below). On this basis, ALANAC asks: who are the real pirates?
- Meantime, in Argentina, CILFA, the national pharmaceutical industry association has congratulated US company Eli Lilly on its return to the country since it pulled out back in 1985.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze