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Copyright 2000 The National Journal, Inc.  
The National Journal

March 25, 2000

SECTION: HEALTH CARE; Pg. 951; Vol. 32, No. 13

LENGTH: 116 words

HEADLINE: The Dilemma: Cost vs. Innovation

BODY:


     As it weighs whether to reopen the Hatch-Waxman Act,
which governs the length of the patent for a brand-name drug,
Congress faces competing demands. On the one hand, the cost of
pharmaceuticals has skyrocketed in recent years, far outstripping
medical inflation as a whole. One way to potentially lower the
cost of pharmaceuticals would be to reduce the length of the
patent on a brand-name drug so that generic drugs would become
available more quickly. But some pharmaceutical companies warn
that reducing the patent length would force them to cut back on
research and development. That could prevent discoveries of
lifesaving and life-enhancing drugs.

LOAD-DATE: March 29, 2000




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