The IGBA International Trade & IP Committee aims to develop a more competitive business environment for the generic and biosimilar medicines industries around the globe. It also promotes the implementation of balanced, well-functioning and transparent intellectual property systems in all jurisdictions.
Its purpose is to foster the spread of generic and biosimilar medicines worldwide increasing their market penetration through the dismantling of barriers to trade, regulatory harmonization, reduction of costs linked to administrative burdens and red tape, and a fair balance between IPR protection and public health needs. The ultimate objective aims to bring competition to markets at the earliest appropriate opportunity which provides patients with timely access to cost-saving generic and biosimilar medicines. This objective also supports the sustainability and future growth of investments made by the industry in new product development, manufacturing and the litigation that is generally required to bring new generic pharmaceuticals and biosimilar medicines to domestic markets.
To accomplish this, the generic and biosimilar medicines industries require particular attention and a high level of collaboration and coordination among the different regional Associations and their Member companies. The IGBA International Trade & IP Committee, by virtue of its global perspective, will develop coordinated strategies for the achievements of such goals.
IGBA Files Recommendations for USTR 2016 Special 301 Review – February 5, 2016
Statement by the International Generic and Biosimilar Medicines Association on the Signing of the Trans-Pacific Partnership Agreement – February 4, 2016
Report: Fostering International Trade in Generic and Biosimilar Medicines – September 2015