SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
To donate by check, phone, or other method, see our More Ways to Give page.
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
"The bottom line is that the TPP would undermine public health in the U.S. and overseas," said Doctors Without Borders on Tuesday.(Photo: SumOfUs/cc/flickr)
Doctors Without Borders and more than fifty other public health organizations sent a letter to Congress on Tuesday calling on lawmakers to reject the pending Trans Pacific Partnership (TPP), warning that it will "expand the monopoly power" of Big Pharma and dangerously limit access to affordable medicine for millions worldwide.
In its current form, the TPP includes provisions that "allow pharmaceutical companies to intervene in public policy deliberations on drug pricing" and facilitate "abuse of the patent system" by extending monopoly protections and exclusivity periods, the letter (pdf) reads, hampering the introduction of affordable generic drugs.
"By expanding the monopoly power of pharmaceutical companies," it argues, "TPP provisions would restrict generic competition and thereby enable medicine prices to keep spiraling out of reach--locking in a broken system here at home and exporting that system to the eleven other TPP countries and those that may join later, including lower-income developing countries where public resources are limited and most people pay for medicines out-of-pocket."
Domestically, the trade deal is a "danger to public health and fiscal responsibility," the groups warn. And worldwide the TPP "would significantly restrict generic competition and undermine access to affordable medicines" by dismantling the May 10, 2007 compromise, which limited intellectual property (IP) protections in trade deals.
The signatories, which include Oxfam America, Health GAP, Alliance for Retired Americans, National Nurses United, National Physicians Alliance, and Public Citizen, say that under these terms "the TPP would do more to undermine access to affordable medicines than any previous U.S. trade agreement."
"Competition has consistently proven the most effective means of reducing prices and ensuring process continue to fall over time," the letter continues. "In the U.S., generic medicines have saved $1.5 million in health care costs in the past decade. Internationally, generics have played a critical role in responding to the AIDS epidemic, saving millions of lives."
"The bottom line is that the TPP would undermine public health in the U.S. and overseas," Doctors Without Borders wrote in a blog post on Tuesday.
The trade deal, which was signed in February by the U.S. along with 11 other countries, currently awaits the approval of Congress,which will give it an up or down vote.
Despite mounting pressure from President Barack Obama, lawmakers including Senate Majority Leader Mitch McConnell (R-Ky.) have said that Congress is unlikely to vote on the TPP until after the November elections. Presidential candidates Bernie Sanders, Hillary Clinton, and Donald Trump have all expressed opposition to the deal.
Dear Common Dreams reader, The U.S. is on a fast track to authoritarianism like nothing I've ever seen. Meanwhile, corporate news outlets are utterly capitulating to Trump, twisting their coverage to avoid drawing his ire while lining up to stuff cash in his pockets. That's why I believe that Common Dreams is doing the best and most consequential reporting that we've ever done. Our small but mighty team is a progressive reporting powerhouse, covering the news every day that the corporate media never will. Our mission has always been simple: To inform. To inspire. And to ignite change for the common good. Now here's the key piece that I want all our readers to understand: None of this would be possible without your financial support. That's not just some fundraising cliche. It's the absolute and literal truth. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. Will you donate now to help power the nonprofit, independent reporting of Common Dreams? Thank you for being a vital member of our community. Together, we can keep independent journalism alive when it’s needed most. - Craig Brown, Co-founder |
Doctors Without Borders and more than fifty other public health organizations sent a letter to Congress on Tuesday calling on lawmakers to reject the pending Trans Pacific Partnership (TPP), warning that it will "expand the monopoly power" of Big Pharma and dangerously limit access to affordable medicine for millions worldwide.
In its current form, the TPP includes provisions that "allow pharmaceutical companies to intervene in public policy deliberations on drug pricing" and facilitate "abuse of the patent system" by extending monopoly protections and exclusivity periods, the letter (pdf) reads, hampering the introduction of affordable generic drugs.
"By expanding the monopoly power of pharmaceutical companies," it argues, "TPP provisions would restrict generic competition and thereby enable medicine prices to keep spiraling out of reach--locking in a broken system here at home and exporting that system to the eleven other TPP countries and those that may join later, including lower-income developing countries where public resources are limited and most people pay for medicines out-of-pocket."
Domestically, the trade deal is a "danger to public health and fiscal responsibility," the groups warn. And worldwide the TPP "would significantly restrict generic competition and undermine access to affordable medicines" by dismantling the May 10, 2007 compromise, which limited intellectual property (IP) protections in trade deals.
The signatories, which include Oxfam America, Health GAP, Alliance for Retired Americans, National Nurses United, National Physicians Alliance, and Public Citizen, say that under these terms "the TPP would do more to undermine access to affordable medicines than any previous U.S. trade agreement."
"Competition has consistently proven the most effective means of reducing prices and ensuring process continue to fall over time," the letter continues. "In the U.S., generic medicines have saved $1.5 million in health care costs in the past decade. Internationally, generics have played a critical role in responding to the AIDS epidemic, saving millions of lives."
"The bottom line is that the TPP would undermine public health in the U.S. and overseas," Doctors Without Borders wrote in a blog post on Tuesday.
The trade deal, which was signed in February by the U.S. along with 11 other countries, currently awaits the approval of Congress,which will give it an up or down vote.
Despite mounting pressure from President Barack Obama, lawmakers including Senate Majority Leader Mitch McConnell (R-Ky.) have said that Congress is unlikely to vote on the TPP until after the November elections. Presidential candidates Bernie Sanders, Hillary Clinton, and Donald Trump have all expressed opposition to the deal.
Doctors Without Borders and more than fifty other public health organizations sent a letter to Congress on Tuesday calling on lawmakers to reject the pending Trans Pacific Partnership (TPP), warning that it will "expand the monopoly power" of Big Pharma and dangerously limit access to affordable medicine for millions worldwide.
In its current form, the TPP includes provisions that "allow pharmaceutical companies to intervene in public policy deliberations on drug pricing" and facilitate "abuse of the patent system" by extending monopoly protections and exclusivity periods, the letter (pdf) reads, hampering the introduction of affordable generic drugs.
"By expanding the monopoly power of pharmaceutical companies," it argues, "TPP provisions would restrict generic competition and thereby enable medicine prices to keep spiraling out of reach--locking in a broken system here at home and exporting that system to the eleven other TPP countries and those that may join later, including lower-income developing countries where public resources are limited and most people pay for medicines out-of-pocket."
Domestically, the trade deal is a "danger to public health and fiscal responsibility," the groups warn. And worldwide the TPP "would significantly restrict generic competition and undermine access to affordable medicines" by dismantling the May 10, 2007 compromise, which limited intellectual property (IP) protections in trade deals.
The signatories, which include Oxfam America, Health GAP, Alliance for Retired Americans, National Nurses United, National Physicians Alliance, and Public Citizen, say that under these terms "the TPP would do more to undermine access to affordable medicines than any previous U.S. trade agreement."
"Competition has consistently proven the most effective means of reducing prices and ensuring process continue to fall over time," the letter continues. "In the U.S., generic medicines have saved $1.5 million in health care costs in the past decade. Internationally, generics have played a critical role in responding to the AIDS epidemic, saving millions of lives."
"The bottom line is that the TPP would undermine public health in the U.S. and overseas," Doctors Without Borders wrote in a blog post on Tuesday.
The trade deal, which was signed in February by the U.S. along with 11 other countries, currently awaits the approval of Congress,which will give it an up or down vote.
Despite mounting pressure from President Barack Obama, lawmakers including Senate Majority Leader Mitch McConnell (R-Ky.) have said that Congress is unlikely to vote on the TPP until after the November elections. Presidential candidates Bernie Sanders, Hillary Clinton, and Donald Trump have all expressed opposition to the deal.