Legal rebuff on parallel imports

Even as reimports are being touted as the way to undermine high pharmaceutical prices in the U.S., the concept of parallel imports came under attack last week in Europe from a high profile source: the advocate general of the European Court of Justice.

The advocate general, Francis Jacobs, issued an opinion challenging the EU Commission's prevailing concept that there is a free market for pharmaceuticals in the EU and that parallel trade should lead to lower drug prices for patients. ...