USMCA Watch: Pharma Pricing Issues Add To The Pile Of Passage Problems — Panjiva
Más

USMCA Watch: Pharma Pricing Issues Add To The Pile Of Passage Problems

Canada 504 Health Care 356 Mexico 896 Trade Deals 1002 U.S. 5347 USMCA 456

The U.S. Trade Representative has taken the unusual move of stating that revised U.S.-Mexico-Canada Agreement (USMCA) rules on biologic drug patent protections do not change regulations for drug pricing in the U.S. That’s likely a response to House Democrats’ concerns and comes against the backdrop of other issues such as labor protection that may hold up USMCA’s passage through Congress. Aside from intellectual property rights the trade of pharmaceuticals in USMCA is minor in context. Imports from Canada and Mexico accounted for just 6.3% of the total $71.2 billion imported by the U.S. ...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.