June 22, 2009
"We are revising all the doctrines and laws related to patents, which should be compatible with the international treaties that we have signed and respect and honor. Patents have become a barrier to production, and we cannot allow them to be barriers to medicine, to life, to agriculture." Sounds like the Coalition for Patent Fairness, doesn't it? Venezuela is stealing their shtick. South American socialist Hugo Chavez plies his pith: "That a laboratory does not allow us to make a medicine because they have the patent, no, no, no."
Chavez, who has nationalized many Venezuela industries and is critical of the private sector, ordered his trade minister to analyze the patent rules in the OPEC nation.
Venezuelan officials plan to invalidate some pharmaceutical patents and allow domestic manufacturers to produce licensed medicines, an action that could cause shortages and scare off foreign investment, industry leaders said Sunday.
Chavez also called "on the world to respect Iran" and the election "triumph" of its incumbent president, Mahmoud Ahmadinejad. "Ahmadinejad's triumph was a triumph all the way."
Posted by Patent Hawk at June 22, 2009 10:12 AM | International
Why wouldn't Hugo Chavez pay for R&D to discover and make his own version of Viagra, instead of using the patented one and bitching about patents at the same time ?
Posted by: angry dude at June 22, 2009 11:25 AM
"and allow domestic manufacturers to produce licensed medicines, an action that could cause shortages "
Wait wait wait, allowing domestic manufacturers to produce the medicine will cause a shortage? W T F?
More people making a product = less product? Did an economist tell you this?
Hawk, did you happen to be walking around in front of the PTO today? Saw someone that looked a lot like you. If it was you, 6 walked right in front of you today.
Posted by: 6000 at June 22, 2009 1:55 PM
"allowing domestic manufacturers to produce the medicine will cause a shortage"
Yes, 6. A shortage of all medicines that domestic manufacturers don't know how to make, can't safely make, or don't have the capacity to make sufficient quantities of (read: pretty much any new drug/biological). Because no one with the requisite know-how will sell in Venuzuela.
Oh, and I wonder if Chavez, like Ahmadinejad, believes that there are no gay people in his country. These guys are winners.
Posted by: Often Correcting at June 22, 2009 2:54 PM
There's shortages of just about everything in Vz. Price controls, weak property law, punitive taxes, etc., have taken their toll.
Oil production has been declining steadily, too. Not so much of a problem when the price of oil is going up, but a disaster now.
Like oil production, no one is going to bring in their drug-making know-how (patented or not) and/or put up their own capital investements (including regular maintenance of existing facilities) when Chavez can take it away without warning.
The Venezuelans are so screwed, the poor buggers.
But he gave free heating oil to the "poor" in Massachusetts, so he's a good guy, right?
("poor" in Massachusetts = top 10 percentile in Vz).
Posted by: anon at June 23, 2009 4:06 AM
"A shortage of all medicines that domestic manufacturers don't know how to make, can't safely make, or don't have the capacity to make sufficient quantities of (read: pretty much any new drug/biological). "
Well now THAT"S FUNNY! I thought what with all the "fully enabled" disclosures in the patents on those drugs they'd know how to make them safely etc.
Could it be that the POSHITA over there is less skilled than the POSHITA over here? Or is it perhaps the case that spouting off about "1. A compound comprising: XYZ" isn't always all that enabled by the disclosures that accompany, as we always presume them to be? Is that what you're trying to say?
"Because no one with the requisite know-how will sell in Venuzuela."
Why is that? They're too dmb down there? They don't have text books and patents the same as we do? Shortage of teachers?
I don't think you know what you're talking about, but we'll see. Soon the news will no doubt read "huge shortages in Venezula". Oh, wait, no, I bet they'll read somewhere down in page A38 "drug prices fall dramatically in Venezula, people happy".
"Oh, and I wonder if Chavez, like Ahmadinejad, believes that there are no gay people in his country. These guys are winners."
If you can show him one today, you won't be able to show him the same one tomorrow, because that person will be dead I'd wager.
Posted by: 6000 at June 23, 2009 12:22 PM
Shortages will come about because the Venezualan factories will not be able to produce the drugs; by way of example, because of labor strikes, material shortages, and delays in the the gov't run currency exchange system, the output of Toyota's car factory in venezuala is down 53%, Mitsubishi's plant only produced 850 cars last year, production is down 83%. This is also occuring with food production. The implication is that the gov't will not be able to produce sufficient quantities of drugs locally, and thus will encounter shortages of whatever they attempt to produce.
Posted by: reduced output at June 23, 2009 2:16 PM
"Could it be that the POSHITA over there is less skilled than the POSHITA over here?"
No 6k, it's that they have far fewer PHOSITAs. Also, beyond human skill, Venezuela lacks the infrastructure and tools to create monoclonal antibodies and recombinant DNA (certainly with any precision, safety, and volume).
Sure, with Chavez's decree they'll get all their chiral compound drugs cheaper, but most of the patents on mere chemical composition drugs are about to expire anyway. They won't get access to the more advanced biologics being patented and approved now. Perhaps Venezuelans are grateful just to have lipitor for cheaper. But they won't be getting the latest cancer therapies any time soon under Chavez.
Long view 6k, long view.
Posted by: Often Correcting at June 24, 2009 5:25 AM
Don't worry too much about Chavez, guys
Soon you'll be paying 4-5$ a gallon again and money will go straigt into his pockets
He'll buy and sell you all...
Posted by: angry dude at June 24, 2009 5:50 AM
6: it ain't about PHOSITAs.
If it was, Chavez has already pushed most to leave the country. Not many PHOSITAs left.
But it ain't. Put all your PHOSITAs out in an empty lot -- they ain't gonna sh!t pills, buddy.
It is about money. No one (except Chavez using government money) is going to spend the money to build/convert the factory to make the pills.
Posted by: Anon Anon at June 24, 2009 5:59 AM