Sunday, January 27, 2019

Indian Tribe Joins Big PhRMA in a Lucrative Deal


PhRMA, Patents, Profits vs Patients


Ahkwesáhsne, Mohawk Nation
September 2017, Allergan transferred Restasis® patents for the eye drug to the tribe in upstate New York near the Canadian border. Allergan paid the tribe $13.75 million up front and agreed to pay up to $15 million a year in royalties as long as the patents remained valid. At the same time, the tribe gave Allergan “the sole and exclusive right” to manufacture and market the drug in the United States for uses approved by the Food and Drug Administration.  Restasis®  is a treatment of chronic dry eye disease, had sales of nearly $1.5 billion in 2017 — Allergan’s best seller after Botox.

In a similar ploy, AbbVie filed 247 patents for Humira, a single drug for arthritis starting in 2007.. They received over 132 patents for that drug and are blocking competition for 39 years. They have increased prices 144% since 2012.


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