Second, not only is it one 30-month extension, many of the pharmaceutical companies line them up--30 months, 30 months, 30 months. So after they have made their rate of return, which they should, and I admire them for making these drugs, but I was asking the Senator if he realizes that the new practice is not just to have one automatic 30-month extension when you change the color of the bottle, but to pile them on and to have the patents extend long beyond the 20 years that was expected.
Chuck Schumer: “Second, not only is it one 30-month extension, many of the pharmaceutical companies line them up--30 months, 30 months…”
On the recordJuly 17, 2002
Source
govinfo.govEditor's note · Context
Discussing pharmaceutical patent extensions and their implications.
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