Novartis complaints over public interest declaration debunked

More on this dispute at /colombia

In response to the recent announcement from Colombia’s Ministry of Health that a public interest declaration regarding imatinib will be issued in a matter of days, Novartis issued a statement that criticized the forthcoming action, saying, “We have consistently said that Declarations of Public Interest can be important and legitimate tools to be used only in exceptional circumstances,” and saying “this is simply not the case in Colombia.” Continue Reading

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US Chamber of Commerce defends Swiss drug company charging excessive prices in Colombia

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David Hirschmann, US Chamber, claims efforts to curb high prices for cancer drugs are “a destructive course.”

The US Chamber of Commerce might consider renaming itself the US/Swiss Chamber of Commerce, after their most recent attack on the Colombia Minister of Health (MoH) announcement that a “Declaration of Public Interest” would be issued for the patents on the cancer drug imatinib, held by the Swiss company Novartis. In the US Chamber’s defense of the Swiss drug company, they don’t mention the fact that Novartis has earned about $48 billion from sales of imatinib (sold by Novartis under the brand names Gleevec or Glivec) since the drug was put on the market, including more than $380 million per month in 2015. Continue Reading

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2016: Chimeron Bio: KEI comments on NIH proposal for exclusive license for patents on cancer treatments


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