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Mexico dispute over generics and NAFTA
- To: tap-drugs@tap.org
- Subject: Mexico dispute over generics and NAFTA
- From: James Love <love@tap.org>
- Date: Fri, 14 Jun 1996 18:33:59 -0400 (EDT)
regarding mexico dispute over generics and NAFTA
---------- Forwarded message ----------
NAFTA & Inter-American Trade Monitor
Produced by the Institute for Agriculture and Trade
Policy
May 3, 1996
Volume 3, Number 9
__________________________________________
NAFTA DISPUTE PANELS HEAR CASES
<snip>
In another NAFTA dispute, Mexican drug maker Signa SA de
CV challenged the Canadian government's system for
approving generic drugs, saying that it unfairly
excludes new manufacturers. Signa claims that Canada's
regulations for introduction of generic drugs go beyond
international standards. The specific provision at issue
allows the patent holder to challenge introduction of a
generic equivalent, and begins a 30-month review process
at the request of the patent holder, thus delaying
introduction of the generic drug. Signa is seeking $37
million for expected lost revenue on an antibiotic,
using a NAFTA provision that allows an investor to sue a
member government. Signa's challenge is now in a three-
month consultation process.
"U.S. Chemical Firm Takes Its Complain in Front of the
Nafta Dispute Panel," JOURNAL OF COMMERCE, April 18,
1996; Kevin G. Hall, "Nafta Resolution Panel Weighs Fate
of U.S. Company," JOURNAL OF COMMERCE, April 22, 1996;
Aviva Freudmann, "Mexican Firm Sues Canada in First Use
of NAFTA Rule," JOURNAL OF COMMERCE, March 18, 1996.
____________________________________________
NAFTA & Inter-American Trade Monitor is produced by
the Institute for Agriculture and Trade Policy, Mark
Ritchie, President. Edited by Mary C. Turck. Electronic
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James Love / love@tap.org / P.O. Box 19367, Washington, DC 20036
Voice: 202/387-8030; Fax 202/234-5176
Center for Study of Responsive Law
Consumer Project on Technology; http://www.essential.org/cpt
Taxpayer Assets Project; http://www.tap.org
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