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European-based drug giants want your money

Sunday, October 31st, 2010

Oct 31 2010
… the European Union is subtly pushing Canada to extend patent protection for brand-name drugs… Most of the brand-name companies are based in Europe and the United States, while we have a strong Canadian-owned presence among generics… Now it appears that European multinationals want to extend the patent rights from 20 years to 25 and, if the government refuses, they will no longer invest billions of dollars in Canada on research and development, jeopardizing thousands of jobs… Will the government stand up for Canadians?

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