Political Quotes

William Pryor: No, my friend and colleague is mistaken. The present law says that a generic competitor may come onto the marketplace…

On the recordJune 20, 1996
No, my friend and colleague is mistaken. The present law says that a generic competitor may come onto the marketplace, even though the court has not resolved the issue of whether they have made substantial investment. If, hypothetically, after the generic competitor has entered the marketplace and competed with the patent holder, it is then determined by the court that a substantial investment has not been made, then the court imposes damages upon the generic competitor to render the patent holder whole.
Said by
William Pryor

Editor's note · Context

Discussing the implications of current law on generic competitors in the pharmaceutical market.

Share

More from William Pryor

Mar 15, 2007

I have come here today to talk about the political firings of U.S. attorneys, which I believe raises serious concerns over the administration's encroachment on the Senate's constitutional responsibilities but now I also believe raises…

govinfo.gov
Aug 3, 2006

I have an amendment that calls for a Pentagon report on several aspects of the assistance we provide to the widows and children of our fallen soldiers. In his second inaugural address, President Lincoln said, ``let us strive on to finish…

govinfo.gov
Jul 20, 2006

I rise in support of a very fine person whom President Bush has nominated to be on the U.S. Court of Appeals for the Eighth Circuit. His name is Bobby Shepherd. He will replace a very outstanding circuit court judge named Morris Arnold who…

govinfo.gov
Mar 13, 2008

this is amendment No. 4181. The cosponsors are Senators Snowe, Bingaman, and Kerry. It is a deficit-neutral reserve fund for science parks. These are sometimes called technology parks or business incubators. But there is no doubt these…

govinfo.gov