This year’s Davos gathering is focused on the rise of populism and simple minded attacks on globalization (Donald Trump, Brexit et al.). That’s to be expected, since the world’s ultra rich are threatened by that sort of thing. But they didn’t get rich by being stupid, and they know what’s causing the backlash..
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Part of the Healthcare Reform Act targeted the creation of cheaper versions of biologic drugs (often called «follow on biologics»). After a company has produced a biologic drug under patent for 12 years, other companies can produce similar versions of that drug, known as «biosimilar» drugs. But the process involved in producing a biosimilar drug is more complicated than it is to produce a traditional generic drug..
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