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Tuesday, Jan 3 2012

J&J Will Not Join Medicines Patent Pool; Company's Pharma Head Says Mechanism Could 'Cause Disaster'

Pharmaceutical company "Johnson & Johnson has rejected calls to offer patent rights on its HIV medicines to generic drug companies through a" Medicines Patent Pool, created to promote low-cost antiretroviral drugs in low-income countries and the development of new drug combinations and formulations, the Financial Times reports. "Paul Stoffels, worldwide head of pharmaceuticals at J&J, ... cautioned that the pool could trigger a 'mixing and matching' of medicines that would cause a rapid surge in patient resistance to innovative HIV drugs" that could "cause a huge disaster," according to the newspaper.
This is part of the Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.
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