Pluristem Therapeutics Inc (PSTI)

[FDApproved]

Sweet ! European Parliament Passes SPC Waiver in Landslide Vote !


The European Parliament on Wednesday voted through a proposal to allow manufacturing waivers to supplementary protection certificates (SPCs) by an overwhelming majority, with more than 75% of members voting in favor of the measure.

In the EU, SPCs extend the 20-year patent protection period for medicines by adding up to five additional years of market exclusivity to approved drugs and biologics.[/b] The additional exclusivity period is meant to compensate for the lapse between when the patent application is filed and when marketing authorization is granted.


https://www.raps.org/news-and-articles/news-articles/2019/4/european-parliament-passes-spc-waiver-in-landslide?utm_source=MagnetMail&utm_medium=Email%20&utm_campaign=RF%20Today%20|%2017%20April