Senate Finance Committee Chairman
Orrin Hatch told POLITICO Tuesday that
hes still pushing for a full 12 years of data protection for biological drugs in the Trans-Pacific Partnership despite resistance to that time frame from TPP members like Australia and Chile. Theyre going to have to change it, Hatch said of the Australians.
We cant live with that five-year data exclusivity.
The 12 countries in the TPP would have
two options for protecting biologics test data, both of which fall short of the full 12 years sought by the pharmaceutical industry. The Obama administration argues that both options provide eight years of protection, but
pharmaceutical companies say they believe one of the provisions effectively provides only five years.
When asked if he wanted to make sure the deal would really provide eight years of protection, Hatch said: Not eight years. 12 years. And
asked what it would mean if it wasnt possible to get 12 years, the Utah Republican said, Then I dont think this agreement will last. But he expressed optimism a deal could be reached on that issue.
http://www.politico.com/tipsheets/morning-trade
Even bad deals are not enough for republicans.