Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Power of balance poised to tip even further

Power of balance poised to tip even further in favour of drug companies

International reports suggest that the latest proposal under the Trans Pacific Partnership Agreement (TPPA) would effectively mean an extra three years of monopolies for biologic medicines, says Ian Powell, Executive Director of the Association of Salaried Medical Specialists (ASMS).

“If correct, this is yet another concerning aspect of the TPPA negotiations and just one more reason why the terms of this trade deal need to be more transparent,” he says.

The organisation Public Citizen says a tweaked approach to the impasse over biologics, which are medical products derived from living organisations, is apparently being explored by some TPPA negotiators – but it warns that this approach is flawed: http://www.citizen.org/documents/new-tpp-maneuvering-on-biotetch-drugs-september-2015.pdf

It says the United States trade representative has sought minimum eight-year exclusivity periods for biologics, three years more than the current exclusivity periods in many TPPA countries, including New Zealand.

“Extending pharmaceutical monopoly over medicines used by New Zealanders just further tips the balance of power away from patients, and it needs to be rejected,” says Mr Powell.

Auckland clinical microbiologist and ASMS member Joshua Freeman, who is also a leading critic of the secrecy surrounding the TPPA negotiations, says the latest TPPA proposal seeks to use a legal technicality found in Japanese law.

“It’s well understood that biologic medicines can be sold for tens of thousands of dollars while under monopoly, but once the market is opened up to competition, prices drop dramatically,” says Dr Freeman. “Lower prices mean more patients can access the medicines they need.”

The ASMS is one of several applicants to the High Court in Wellington, in a legal challenge led by Auckland University law Professor Jane Kelsey to obtain a judicial review of Trade Minister Tim Groser’s blanket refusal to release information about the TPPA under the Official Information Act.

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On National’s Less Than Stellar Choices


Amid all the jostling in the National caucus ranks, spare a thought for Andrew Bayly. Who? Well might you ask. Plucked from obscurity by Judith Collin, elevated from number 18 to number 3 in the caucus rankings and given the Finance portfolio - a role in which he has been invisible ever since – Bayly seems destined for a future as a trivia quiz question. That’s because as the National leadership contest comes down to a choice between Simon Bridges and Christopher Luxon, the only decisions to be made on Tuesday are over who gets to be leader, and who gets the Finance job... More>>




 
 


Government: Workplace Vaccination Requirements Extended To Cover Police And NZ Defence Force

Workplace Relations and Safety Minister Michael Wood announced today that workplace vaccination requirements will be extended to include the New Zealand Police and Defence Force in preparation for the transition to the new COVID-19 Protection Framework on 3 December 2021... More>>


RNZ: Judith Collins removed as National Party leader
Dr Shane Reti is interim leader of the National Party after Judith Collins lost a no-confidence vote. Simon Bridges was demoted and stripped of all portfolios over allegations of an inappropriate comment made five years ago at a party function. Judith Collins was voted out as National's leader today after the party was locked in a caucus for more than three hours... More>>


Government: Supporting New Zealanders To Recover From COVID-19 In The Community
The Government is increasing the support for New Zealanders who test positive for COVID-19 through the rollout of the COVID Care in the Community model and a $300 million funding boost to Pharmac to purchase new medicines to treat the virus, Health Minister Andrew Little announced today... More>>

ALSO:


National: Launches First Step To World-class Tech Sector

Leader of the Opposition Judith Collins says technology will create exciting careers and higher paying jobs and has the potential to transform the New Zealand economy... More>>

Council For Civil Liberties: Disgraceful Government Secrecy On Vaccination Certificates As Legislation Rushed Through
On the eve of legislation to enable vaccination passes being rushed through Parliament under urgency, the Minister has said it will not publish the relevant policy papers until ‘late January 2022... More>>


Government: Providing Business The Tools To Vaccinate Workforces

The Government is building on measures to protect businesses and workers from COVID-19 as the country gets ready to transition to the new COVID-19 Protection Framework on December 3, Workplace Relations and Safety Minister Michael Wood announced today... More>>


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels