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Tag: Hatch-Waxman Act

Patent Law and Generics: How Patents Protect Innovation in Pharmaceuticals

Patent Law and Generics: How Patents Protect Innovation in Pharmaceuticals

Patent law protects pharmaceutical innovation by giving companies exclusive rights to sell new drugs, while generics make treatment affordable after patents expire. The Hatch-Waxman Act balances these interests, saving billions annually.

Nov, 17 2025

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