Canada's Rx&D applauds landmark ruling by Federal Appeal Court as a victory for innovation

13 December 2010

The Federal Court of Appeal in Canada has released a unanimous decision upholding some important safeguards in Canada's Intellectual Property (IP) Regime which are crucial to facilitating patient access to new medicines and to building a stronger, internationally competitive life sciences industry in Canada.

The ruling upholds a 2009 decision by the Federal Court of Canada which dismissed an application by the generic drug industry challenging the federal government's right to improve Canada's IP regime. The Food and Drug Regulations which came into effect in 2006 after widespread consultations with the research community, industry and academia, currently provide eight years of data protection for the scientific discoveries of innovative pharmaceutical companies.

"This is a clear victory for innovation in Canada," said Russell Williams, president of Canada's Research-Based Pharmaceutical Companies (Rx&D), adding: "It supports our collective goal to make Canada a world leader in creating jobs and opportunities in the knowledge economy."

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK





Today's issue

Company Spotlight





More Features in Generics