WSJ -- Late last night, a pair of congressmen introduced a bill aimed at creating a pathway for approval of generic biotech drugs. Finally, you say. But, wait, there’s a catch, and it’s a big one. The legislation would also give brand-name biotech drugs an extra 14 1/2 years of patent protection. (Read a summary of the bill, or the complete text.) That almost defeats the purpose of establishing a route to market for generic biotech drugs, advocates for them say.
