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The European Commission’s New Compulsory Licensing Proposal: A Step Forward?

Bill of Health

To solve this tension, the Commission recognizes that patent law already offers a solution: compulsory licensing. The Proposal A compulsory license allows third parties to use a patent without asking prior permission from the owner of said patent. The powers to grant such a license will be in the hands of the Commission.

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No Take-Backs: Moderna’s Attempt to Renege on its Vaccine Patent Pledge

Bill of Health

government funding, announced that it felt “a special obligation … to use our resources to bring this pandemic to an end as quickly as possible.” These pledges can take a variety of forms and have been made for decades in industries ranging from automotive (e.g., After the pandemic, it is willing to offer paid licenses.

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Unseen Scars: The Devastating Impact of Corruption on Mental Health Systems in Low and Middle-Income Countries

Bill of Health

Between 2017 and 2021, the Peruvian, Chilean, Guatemalan, Uruguayan, Mexican, and Argentinian governments awarded the purchase of such medicines to single suppliers without a public tender or in favor of companies with bad corporate practices. The industry gave more than $14.2

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Accenture Invests in QuantHealth to Accelerate Use of AI-Powered Clinical Trial Simulations to Drive Cost-Effective Drug Development

Healthcare IT Today

global lead of the Accenture Life Sciences business, said, “Through our investment in QuantHealth, we are further solidifying our commitment to utilizing advanced technologies to bring revolutionary change in the pharmaceutical industry. Petra Jantzer, Ph.D., Terms of the investment were not disclosed.

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Open Source in Life Sciences: Balancing Innovation and Compliance

HIT Consultant

While proprietary systems like SAS require hefty licensing fees, open-source tools are, of course, free. These examples highlight a pivotal shift: with robust validation and governance frameworks in place, open-source tools can achieve the reliability and compliance required to meet regulatory standards.

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Reasonable Pricing Clauses: A First Step Toward Ensuring Taxpayers a Fair Return on their Public R&D Investment

Bill of Health

Such a provision could prevent the public from paying twice for publicly-funded medical products—first through their taxes subsidizing government funded research and development, and second to procure the product in an inflated U.S. pharmaceutical market. Moreover, the NASDAQ Biotechnology Index increased by 374% from 1995 to 2000.

COVID-19 208
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How to Tackle Pharma’s 3 Biggest Compliance Risks Head-On with Verisys

Verisys

The onus of ensuring these CROs have proper controls in place often falls on the shoulders of the pharmaceutical company and can be challenging to monitor. Medication Samples Supplying medication samples to prescriber’s offices is common in the pharmaceutical industry, especially with launch brands.