Though not directly related to the topic of patent remedies, this upcoming event may be of interest to some of my readers, particularly as it relates to the law and economics of patent protection for drugs. On Friday of this week, the Minnesota Law Review will be hosting a symposium titled "A Prescription for Pharmaceutical’s Future: Balancing Industry and Consumer Concerns in Pharmaceutical Drug Development" at the University of Minnesota Law School from 8:15 a.m. to 4:00 p.m. (webpage here). They have quite an impressive list of speakers lined up, as described below, so if you happen to be near the Twin Cities area you might want to check this out. I assume that at least some of the presentations will be appearing in a future volume of the Minnesota Law Review. (Update (10/26/17): Here
is a link to a video about the conference, which states (among other
things) that a video recording of the conference will be available on
the Minnesota Law Review's website.) Anyway, here is the agenda:
- “FDA Regulation of Drugs and Biologics: Finding the Right Balance”
- “Why Ensuring Access to Affordable Drugs Is the Hardest Problem in Health Policy”
Panel 1: Investigating the Pricing Equation: A Law and Economics Analysis
Pricing pharmaceutical drugs is a complex endeavor bogged down by
disparate market forces and motivations. On one side of the equation,
pharmaceutical companies gauge competitor prices by consulting insurers,
consulting providers to assess prices with treatment plans, assessing
input costs (such as research, development, marketing, FDA approval and
other compliance measures, etc.), and determining desired profits for
shareholders and the company, to name a few factors. On the other side
of the equation, consumers want prescriptions and insurance premiums to
be affordable and effective. The pricing process remains largely hidden,
because partly Medicare cannot negotiate prices directly with drug
companies. This panel confronts which underlying issues need to be
addressed in the pricing equation and which issues should change or
remain the same. Moderated by Thomas F. Cotter, M.S., J.D., Briggs and Morgan Professor of Law, University of Minnesota Law School.
Featuring:
- Arti K. Rai, J.D., Elvin R. Latty Professor of Law, Duke University Law School
- “Regulatory Gaming and Antitrust: Drugs vs. Biologics”
- Christopher Robertson, Ph.D., J.D., Professor of Law and Associate Dean for Research and Innovation, University of Arizona College of Law
- “The Economics and Experience of Patient Cost Exposure”
- Rachel E. Sachs, M.P.H., J.D., Associate Professor of Law, Washington University School of Law
- “The Role of Reimbursement”
- Stephen W. Schondelmeyer, PharmD, Ph.D., Professor and Head of the Department of Pharmaceutical Care and Health Systems, Director of the PRIME Institute, University of Minnesota
Panel 2: “Safe & Effective” or “Now & Cheap”?: Finding the Right Role for the FDA
The FDA, its mission, and its powers are partially the result of
Congressional response to a series of national incidents sparked by bad
drugs and public outcries. Such a history lends itself to a potentially
incoherent or incomplete mission. In fact, critiques of the FDA have
suggested that its mission is in one sense too broad because it must
investigate drugs for effectiveness and not merely safety. Others have
suggested that the FDA’s commitment to be only scientific in its
approval process is too narrow and does not allow for the consideration
of other relevant factors, such as immediate need of the product. State
right to try laws, in which a terminally ill patient may try drugs
before FDA approval, exemplify one way that lawmakers challenge the
approval process. As with any administrative agency, there are also
issues of “mission creep” and exceeding statutory bounds, often to
consider factors in drug approval that are not statutorily permitted.
This panel will explore potential changes to the statutory mission and
authority of the FDA. What should be its fundamental mission? What
factors should it be allowed to consider? Have we already struck the
proper balance? Moderated by Ralph Hall, J.D., Professor of Practice, University of Minnesota Law School.
Featuring:
- Amy Kapczynski, M.A., J.D., Professor of Law and Faculty Director of the Global Health Justice Partnership, Yale Law School
- “Why Do We Have Pre-Market Review of Medicines? The“Precautionary” Fallacy and the FDA’s Role in Information Production”
- Jordan Paradise, J.D., Professor of Law, Loyola Chicago School of Law
- “Regulatory Silence at the FDA: Impact on Drug and Biologic Competition”
- Nicholson Price II, J.D., Ph.D., Assistant Professor of Law, University of Michigan Law School
- “Drug Approval in a Learning Health System”
Panel 3: Pharmaceuticals Around the Globe: Access and Delivery Issues for Consumers
A final vital aspect of pharmaceutical drug development concerns
bringing these drugs to consumers. Due to the expense of drug research
and development, pharmaceutical companies need to make careful decisions
on what products to pursue. However, consumers, particularly those
consumers in poor areas, can suffer from the unavailability of
particular pharmaceuticals or underdeveloped pharmaceuticals. Moreover,
the pharmaceutical drugs that even are available might not be delivered
competently. How does the intellectual property regime influence this
phenomenon? Is pharmaceutical research and development compatible with
social justice, and how so? What kinds of reforms are needed, and what
is feasible for businesses? This panel will tackle both the
international community’s need to respond as well as the United States’
role in response efforts. Moderated by Fred Morrison, Ph.D., J.D., Popham, Haik, Schnobrich/Lindquist & Vennum Professor of Law, University of Minnesota Law School.
Featuring:
- Margo A. Bagley, J.D., Asa Griggs Candler Professor of Law, Emory University School of Law
- “Making Room at the (Drug Access) Table: Is There a Place for Traditional Medicine?”
- James Love, Director, Knowledge Ecology International
- “Delinking R&D Costs, including Incentives from Prices for Drugs and Vaccines”
- Jerome H. Reichman, J.D., Bunyan S. Womble Professor of Law, Duke University Law School
- “Compulsory Licensing of Patented Pharmaceuticals under Article 31bis of TRIPS: The Way Forward”
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