C-22 AND C-91 HAVE SURPASSED PROMISES SAYS PMAC

26 June 1994

Bill C-91, which introduced Canadian patent reform (Marketletters passim), was passed in order for the country's government to comply with the General Agreement on Tariffs and Trade and the North American Free Trade Agreement "and in this context our industry was extremely pleased that the government had moved in that direction and brought patent protection within the Canadian system in line with the international system," Judy Erola, president of the Pharmaceutical Manufacturers' Association of Canada told the Marketletter last week in an exclusive interview.

She was responding to recent comments by Brenda Drinkwalter, president of the Canadian Drug Manufacturers' Association, which represents the industry (Marketletter June 20).

Ms Erola said that this was the only way to have Canadian companies compete on an even basis on R&D and all of those things that are important to a home-grown fully-integrated pharmaceutical industry. The brand-name drug industry agreed to invest 10% of sales in R&D by 1996 as part of the C-91 negotiations.

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 account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
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



Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight