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The Trans-Pacific Partnership: Restricting Access to Affordable Medicines


The Trans-Pacific Partnership would provide large pharmaceutical firms new rights and powers to increase medicine prices and limit consumers' access to cheaper generic drugs. This would include extensions of monopoly drug patents that would allow drug companies to raise prices for more medicines and even allow monopoly rights over surgical procedures. For people in developing countries involved in the TPP, these rules could be deadly – denying consumers access to HIV/AIDS, tuberculosis and cancer drugs.

The TPP would also establish new rules that could undermine government efforts to contain rising medicine prices in developed countries like the United States. An analysis of the final TPP text shows taxpayer-funded public health programs would be exposed to pharmaceutical company attacks and constrain future policy reforms to reduce prescription drug costs for Americans. The text explicitly binds Medicare to TPP rules that would limit proposed policy changes to tamp down healthcare costs for seniors. Continue reading...


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