Lawsuits, Lawsuits Lawsuits
To cover everything you'll agree with me no Colombian pharmaceutical company is investing billions of dollars in R&D in order to develop their own pharmaceutical products and market it out to the free enterprise world. Again what their doing is purchasing patent licenses from American and European manufacturers and making their own products. I'm 100% positive that any corporation will sue the shit out of whomever the decides to make their own version of their product with their activite ingredients they worked so hard to develop!
[QUOTE=Chicago85;3038621]It's called loss of exclusivity (LOE) and typically 17 years, although different for biologics. For small molecule products it's generally not that hard to de-engineer how they were constructed and produced, also quite a bit of the ingredients must be disclosed prior to clinical trials. What has happened is that poorer countries have said to branded Big Pharma that for certain types of drugs with broader societal benefit they need to allow them to produce some level of generics earlier (say after 4-5 years) or they'll lock them out completely. This has resulted in a compromise where branded Pharma has given these subcontractors of generics the details on how to make the products. Many of the generics, including some in Colombia will have the name of the branded pharma in smaller letters on the box (I. E. Manufactured in partnership with Merck, Pfizer, Astrazeneca, etc.).[/QUOTE]