BioCentury
ARTICLE | Financial News

Bloomberg calls for single 20-year patent term for pharmaceuticals

January 27, 2020 8:15 PM UTC

Democratic presidential candidate Mike Bloomberg released a drug price plan Monday that includes a proposal to limit patent protection for drug to a single 20-year patent.

Bloomberg did not release details including whether he favors allowing patent term extension to compensate for regulatory delays, a key aspect of the Hatch-Waxman Act. ...