TITLE

Brand-name drug companies fail to meet R&D commitments

AUTHOR(S)
Kondro, Wayne
PUB. DATE
August 2006
SOURCE
CMAJ: Canadian Medical Association Journal;8/15/2006, Vol. 175 Issue 4, p344
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses the failure by brand-name drug companies to meet the research and development (R&D) commitments in Canada. A report by the Patented Medicine Prices Review Board (PMPRB) shows an increase in spending on brand-name drugs by Canadians, but relatively low company outlays for research and development. It is suggested that the shortfall is due to lack of federal intellectual property law. An aggressive and innovative commercial environment is suggested as a corrective measure.
ACCESSION #
22080770

 

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