September 15, 2017 / 3:36 PM / 3 months ago

U.S. senator slams Allergan tribal patent deal

Sept 15 (Reuters) - U.S. Senator Sherrod Brown said on Friday a deal Allergan Plc made with a Native American tribe to shield its patents “rips off consumers” and cannot “become the new normal.”

The Ohio Democrat said in a statement to Reuters that he would look at how Congress can ”close loopholes that drug companies exploit to avoid competition.”

Allergan announced on September 8 it would transfer its patents relating to dry-eye medicine Restasis to the Saint Regis Mohawk Tribe, saying the tribe’s sovereign status shields the patents from administrative review. (Reporting by Jan Wolfe)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below