Re: Campaign 2016 Part XVI: KICK THE BABY!
I know there are certain rules regarding drug patents, but I don't know/recall specifically what they are. Basically I think the original developer of a drug gets free reign for a short period of time to be the exclusive manufacturer of the product. Then, after a couple of years, generics can be made and sold which usually results in a pretty steep discount. I think the idea behind the short, exclusive period is to give the manufacturer some financial incentive to actually spend money to develop a new drug.
I suspect the drug in these pens is probably long past that initial period and there are lots of generics around. But I wonder about the injection device itself. What I'm wondering is whether a medical injection device like this one is under similar rules where the patent is only exclusive to the manufacturer for a short period before it's opened up to knock offs, or is it more like a regular patent. I don't have any idea, but I wonder if this manufacturer has basically limited competition by procuring all patent or licensing rights for the mechanical device itself. Otherwise I don't understand why there aren't a hundred generic knock offs of the product around.
I wonder if it has to do with the unique nature of the product. It's really a combination of a drug product and a mechanical delivery device.I suspect their excuse is trial lawyers.
I know there are certain rules regarding drug patents, but I don't know/recall specifically what they are. Basically I think the original developer of a drug gets free reign for a short period of time to be the exclusive manufacturer of the product. Then, after a couple of years, generics can be made and sold which usually results in a pretty steep discount. I think the idea behind the short, exclusive period is to give the manufacturer some financial incentive to actually spend money to develop a new drug.
I suspect the drug in these pens is probably long past that initial period and there are lots of generics around. But I wonder about the injection device itself. What I'm wondering is whether a medical injection device like this one is under similar rules where the patent is only exclusive to the manufacturer for a short period before it's opened up to knock offs, or is it more like a regular patent. I don't have any idea, but I wonder if this manufacturer has basically limited competition by procuring all patent or licensing rights for the mechanical device itself. Otherwise I don't understand why there aren't a hundred generic knock offs of the product around.