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Compulsory Licensing Is Not the Answer

December 23rd, 2008

Excerpt from statement on compulsory licensing:

“PhRMA is deeply troubled by the recent trend toward the issuance of compulsory licenses for pharmaceutical products. This misguided focus on short-term ‘budget fixes’ could come at a far greater long-term cost, potentially limiting important incentives for research and development that are necessary to positively impact the lives of millions of patients worldwide.”

Read the entire statement on compulsory licensing here.

Compulsory Licensing