When the pharmaceutical giants lost their patent rights to two of their blockbuster drugs, Canada became an alternative drug manufacturer. Once more, the government had come out with a new patent law. After over two years of struggling for the pharmaceutical industry to appear at U.S. courts to face the criminal charges, Canada Drugs andThorkelson, reached a plea bargain with the prosecutors late last year. As a result, the drug makers had to pay millions of dollars in fines and have their patent rights revoked.
The United States government is very disappointed that Canada drugs and Thorkelson did not fight for their right to fight on their own, but the drug makers are still appealing the verdict. What is now evident is that the drug companies are no longer able to patent drugs for clinical use in the U.S., but they have to pay millions of dollars as fines. Canadian drug companies will be facing the same issues when their drug gets approved.
This is the second time in this legal battle that the government has fought back against the pharmaceutical industry. In 2010, the government was willing to let the drug manufacturers go to jail, even if they were guilty of fraud. The industry lost, as the court said that the industry was willing to let people die for profit. But, in 2011, the government offered to release them from prison if they agree to change their business practices.
It is a wonder that the pharmaceutical industry is willing to change their ways in such a public way. It's hard to believe that all that money they make can be justified. The government is doing everything it can to protect its citizens from health problems by passing stricter regulations on drug manufacture and distribution. The government has also done its best to protect public health, especially in regards to drugs that are highly addictive and cause long term health problems.
The FDA regulates the medical device industry. This makes sure that doctors and other medical professionals have the knowledge needed to administer the drugs. The FDA also oversees drug development, and monitors the quality and safety of new medicines to ensure that they are safe.
In order for these new pharmaceuticals to become available, there are several companies that have to be developed. If they don't make enough money, the companies will fold their doors and shut down until new ones are found.