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kpete

(71,984 posts)
Fri Oct 9, 2015, 07:01 PM Oct 2015

WIKILEAKS PUBLISHES FINALIZED TPP CHAPTER WHICH EXPANDS MONOPOLY RIGHTS FOR PHARMACEUTICAL COMPANIES

Days after secretive negotiations on the Trans-Pacific Partnership concluded, WikiLeaks has published the complete chapter on intellectual property. The leaked text shows the TPP would expands monopoly rights for pharmaceutical companies to help protect against competition from generic drug manufacturers.

According to an analysis by Public Citizen, the text also “requires TPP countries to stop generic versions of biologic medicines (‘biosimilars’) from being available to patients, even when there is no patent.” This effectively means lifesaving medicines will be more expensive and harder for sick people in TPP countries to afford and access.

Twelve countries—Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam—negotiated the TPP.

Although U.S. officials, like Pentagon chief Ash Carter, have made claims TPP would promote government transparency, the deal has been shrouded in secrecy. It will not be made available to the public until some time around November 7.




the rest:
http://shadowproof.com/2015/10/09/wikileaks-publishes-finalized-tpp-chapter-which-expands-monopoly-rights-for-pharmaceutical-companies/

16 replies = new reply since forum marked as read
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WIKILEAKS PUBLISHES FINALIZED TPP CHAPTER WHICH EXPANDS MONOPOLY RIGHTS FOR PHARMACEUTICAL COMPANIES (Original Post) kpete Oct 2015 OP
Competition is the enemy. Destroy the competition. Low mentality thinking. Dont call me Shirley Oct 2015 #1
Know Thy Enemy - Oligarchs, Corporations And Banks cantbeserious Oct 2015 #2
Obama Fails To Win Over Pharma On TPP pampango Oct 2015 #3
I honestly believe that either this is all theater, or what Pharma wanted was even worse than it is djean111 Oct 2015 #5
Theater is exactly what it is. n/t brentspeak Oct 2015 #13
I'm sure they wanted more Hydra Oct 2015 #14
They will actually kill quite a lot of people if this is true. stillwaiting Oct 2015 #4
It's as though human life has no real value any more. ananda Oct 2015 #6
people will die all over the world restorefreedom Oct 2015 #8
Even if its 5 years its a death sentence. Ed Suspicious Oct 2015 #11
Yay Wikileaks. Yay democracy. Boo on the Oligarchy. nt 99th_Monkey Oct 2015 #7
Sounds like this one will directly affect me... Frustratedlady Oct 2015 #9
There is nothing any capitalist wants more hifiguy Oct 2015 #10
The myth is that capitialism beat communism Hydra Oct 2015 #15
I know, but the Fran Leibowitz snark hifiguy Oct 2015 #16
K & R AzDar Oct 2015 #12

pampango

(24,692 posts)
3. Obama Fails To Win Over Pharma On TPP
Fri Oct 9, 2015, 07:18 PM
Oct 2015

Top pharmaceutical industry executives walked out of a meeting at the White House late Thursday unmoved on their disappointment that the landmark trade pact falls short of their demands for 12 years of monopoly protection for biologic medicines.

Now the compromise threatens to blow up the deal in Congress. “A good compromise usually results in something of greater overall value for all the parties involved,” Senate Finance Committee Chairman Orrin Hatch (R-Utah) said on the Senate floor Wednesday. “And, at least according to the information now available, it is unclear whether this administration achieved that kind of outcome for American innovators.”

Besides expressing frustration with the deal, the drug industry hasn’t yet indicated how it will play its cards. One industry source said pharma wants to see all the details of the deal in writing first, adding its strategy is pretty “formless,” right now.

http://www.politico.com/tipsheets/politico-pulse/2015/10/pulse-with-mccarthy-out-will-ryan-run-obama-courts-pharma-for-support-on-tpp-2015-the-year-we-could-finally-tweak-the-aca-210639

It may be worth waiting to see what is in the actual text when it is released. Big Pharma does not seem too happy at the moment.

 

djean111

(14,255 posts)
5. I honestly believe that either this is all theater, or what Pharma wanted was even worse than it is
Fri Oct 9, 2015, 07:29 PM
Oct 2015

now, and we will be told see - it is bad but it could have been much worse. Theater.

stillwaiting

(3,795 posts)
4. They will actually kill quite a lot of people if this is true.
Fri Oct 9, 2015, 07:21 PM
Oct 2015

How could it not be seen as an attack against the poor and working classes of these countries all in the name of greed?

People will die so wealthy people can be assured of becoming even more ridiculously wealthy? And, this is what Democrats are supposed to support?

restorefreedom

(12,655 posts)
8. people will die all over the world
Fri Oct 9, 2015, 08:39 PM
Oct 2015

and the masters at big pharma will get rich off it

this is some serious messed up stuff.

Frustratedlady

(16,254 posts)
9. Sounds like this one will directly affect me...
Fri Oct 9, 2015, 08:40 PM
Oct 2015

My dr. is trying to talk me into biologics, but I'm dragging my feet for many reasons. 1) not all insurance companies will cover them, 2) they are new and I don't think they have enough history, 3) I'd be on them for life, so what happens if the pharmas figure out a way to dodge the rules and I've already started the program with more living to do. I can't stop the shots, so I'm trapped. Being at the mercy of pharmas is not something I'd look forward to.

I hope that CEO who mouthed off about being more interested in what his stockholders wanted than helping sick people get well...something like that. Did we create these monsters? What did we do, mollycoddle them to the point where they think they are better than the average Joe? Time for social media to take them to the woodshed.

 

hifiguy

(33,688 posts)
10. There is nothing any capitalist wants more
Fri Oct 9, 2015, 08:44 PM
Oct 2015

than a monopoly. Twas ever thus, as it provides them the maximum power to cheat, screw and exploit the consumer.

Welcome to government of, by, and for corporations.

In the former USSR capitalism beat communism. Now it's well on its way to defeating democracy as well. Just as the plutocrats planned it.

Hydra

(14,459 posts)
15. The myth is that capitialism beat communism
Fri Oct 9, 2015, 11:46 PM
Oct 2015

Capitalism failed by the first great depression. It was dug up and given a lot of lipstick for its second chance to die again by FDR. I think he made a mistake there, which we need to correct now.

 

hifiguy

(33,688 posts)
16. I know, but the Fran Leibowitz snark
Sat Oct 10, 2015, 01:20 AM
Oct 2015

is too good to not steal.

FDR thought he caged the beast but he never anticipated the modern reichwing, even after the plot Smedley Butler exposed.

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