intellectual property protection
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Is Compulsory Licencing an Effective Mechanism for Lowering Drug Prices After Trips: A Research from the Available Evidence
Abstract: While Trade-Related Aspects of Intellectual Property Rights (TRIPS) was expected to raise the prices of patented medicines, there was no agreement on the agreement's likely final impact on access because it contained instruments to address this issue. Compulsory licencing, for example, was viewed as an important countermeasure due to the facilitation of price reductions. However, little is known about how effective compulsory licencing has been in lowering the prices of …
Published in Research & Reviews: A Journal of Drug Formulation, Development and Production · Vol. 8, Issue 2, 2023 · pp. 13–27 Read article