Actuarial Notes

Potential Abuses Within U.S. Pharmaceutical Patent Regulation

By Tony Pistilli · Society of Actuaries · 2021

Study guide: Exam GH-201U

An article in The Actuary, February 2021, on how some pharmaceutical manufacturers have used patent laws to gain extended patent lifespans and deter legal challenges, which consumer advocates note increases costs to consumers by delaying generic entrants. It covers potential abuses of patents as well as proposed reforms to patent laws to address them.

On the syllabus

Description of Potential Patent Abuses

Recent Legislative Proposals

Conclusion

Sources