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March 14, 2006
Good morning. I am Shawn Brown, Director of Policy for the Generic Pharmaceutical Association. On behalf of GPhA and our members, I would like to thank the Office of the United States Trade Representative (USTR) and the interagency Trade Policy Staff Committee (TPSC) for the opportunity to share our views on the prospect of a free trade agreement between the U.S. and the Republic of Korea.
Today, 56% of all prescriptions in the U.S. are filled with generic medicines, yet they account for only 13% of the total expenditures on prescription drugs. GPhA is the sole association representing this sector of the pharmaceutical industry.
GPhA strongly supports a balance between fostering pharmaceutical innovation and ensuring access to affordable medicine. The strength of a pharmaceutical market depends on the security of intellectual property and the protection of the incentive to innovate new products. Of equal importance to a nation’s health and the effectiveness of its pharmaceutical market is the cultivation of a robust generic industry able to provide affordable access to essential medicines. In free trade agreements, as with U.S. law, these interests must be balanced to provide the greatest benefit to the health of America and to our partners in trade.
FTAs should export the U.S. balance of pharmaceutical innovation and access to affordable medicine in order to ensure the same prosperity as that enjoyed by the U.S. However, recent FTAs and those currently being negotiated are contrary to or exceed U.S. law. GPhA recommends the following revisions be included in a U.S. FTA template for Korea:
The absence of such measures creates de facto patent extensions by allowing questionable patents to delay approval of generic medicines.
U.S. taxpayers and consumers pay the highest prices in the world for their medicines and foot the majority of the bill for funding innovation. To ease this burden, President Bush’s administration aims to increase global sharing of research and development (R&D) costs. The USTR is charged with reducing foreign price controls on pharmaceuticals, but without free trade agreements that foster generic competition, such a goal is untenable.
The U.S. is approaching negotiations with the Republic of Korea. In the interest of promoting the health of both nations, GPhA implores the USTR to be mindful of the importance of balancing access and innovation.
Thank you for your time and attention, and I will be happy to take questions or respond to any comments.