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

 

TPP leak shows devil in the detail

TPP leak shows devil in the detail on access to biologic medicines and copyright monopolies

“The final version of the intellectual property chapter the TPP was leaked today on WikiLeaks with several technical analyses” said Dr Patricia Ranald, Coordinator of the Australian Fair Trade and Investment Network. “The deal was announced on October 6, but the text remained secret.”

“Further analysis will take more time, but the text reveals that the US proposal for an extension of monopolies on costly life-saving biologic medicines from 5 to 8 years is still in the text. Five years is a minimum standard but there is a clause which refers to “other measures” for an additional three years of monopoly on biologics ‘to deliver a comparable market outcome’,” said Dr Ranald.

“Any extension of these monopolies would cost the Pharmaceutical Benefits Scheme hundreds of millions of dollars for every year of delay for cheaper versions of these medicines to become available and lead to pressure for higher prices at the chemist. .”

“There is a complex system of provisions in the text which apply differently in different TPP countries Trade Minister Andrew Robb has insisted that Australia has not agreed to immediate extension of monopolies beyond the Australian standard of five years, and that will be no change to Australia’s existing medicines regime. We hope that is the case, but the text is ambiguous. What are the other measures to deliver a comparable market income and how do they apply in Australia?” said Dr Ranald.

“This compromise wording will be the subject of a huge battle in the U.S. Congress, as pharmaceutical companies struggle to insist on interpretations of the agreement which will extend the monopoly to 8 years.

The leaked chapter also confirms some extension of copyright monopolies, which have been initially analysed by copyright specialists. More detailed analysis of the impacts of this dense technical document and its impacts in Australia will be available soon.”

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