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Patents are the linchpin of innovation. In the United States and other countries around the world, they provide temporary protection for new inventions. A fair, stable and predictable patent system is the engine of the leading-edge U.S. biopharmaceutical industry, which produces $1.2 trillion in annual economic output and supports 4.5 million jobs across America.

But those jobs are put at risk when other countries twist the rules and undermine a global patent system that has worked well for decades. When other countries don’t value and protect innovation – whether by violating patents, imposing egregious price controls, or ignoring their international trade commitments – they also threaten the availability of existing treatments and cures for a wide range of diseases and jeopardize the 7,000 medicines currently in development worldwide.

Many countries are violating important global trade agreements like the North American Free Trade Agreement and their broader international commitments by preventing American inventors from keeping – or even getting – patents on many biopharmaceutical innovations. For example, a judge-made doctrine used only in Canada has resulted in 28 lost patents on medicines in the last decade.

Additionally, India, Indonesia and Argentina do not grant any patent protection to many new medicines researched and developed in the United States. This practice is not only out of step with global trade rules, but also prevents patients from benefiting from valuable improvements that can make medicines more effective and easier to take.

For decades, innovation has thrived and proliferated through a patent system that supports jobs and rewards investments in the research and development necessary to bring new treatments and cures to patients who need them. But this system has never been more at risk around the world. The U.S. Government must hold other countries to the commitments they make and protect American jobs and innovation.

Jay Taylor

Jay Taylor is Executive Vice President of International Advocacy at PhRMA. Prior to Joining PhRMA, Jay was a partner at the international law firm, McDermott, Will & Emery, where he specialized in international trade policy, export controls and Foreign Corrupt Practices Act (FCPA) matters. Previously, Jay served as Associate General Counsel at the Office of the United States Trade Representative (USTR), where he managed and litigated numerous international trade disputes, and drafted and negotiated several free trade agreements. Mr. Taylor received his undergraduate degree from Princeton University, and a law degree from Tulane University.

Jay Taylor

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PhRMA submission: USTR needs more ambition to combat unfair trade barriers

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It’s PBMs, not patents, blocking competition 

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July 22, 2022

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July 14, 2022

Polling continues to show voters reject so-called Medicare “negotiation” once they learn about consequences for patients

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July 8, 2022

Patients win as West Virginia implements first-in-nation share the savings policy

July 8, 2022

Intellectual Property waiver on COVID-19 innovation is unnecessary and harmful

May 23, 2022

Biden Administration details inadequate protection of American intellectual property and foreign barriers to innovation abroad

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Three charts show how the Medicare Part D program could be improved to work better for seniors and people with disabilities

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PhRMA encourages Biden administration to pursue ambitious Indo-Pacific Economic Framework

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Veterans Affairs 101: Three charts show how the VA system differs from Medicare

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PhRMA submits comments urging CMS to withdraw coverage proposal

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Medicaid 101: Three charts on access and spending

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Government price setting won’t stop insurers from shifting costs to patients

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Research and development continues long after a medicine is initially approved

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Legislation threatens patent protections and future innovation

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New report highlights importance of IP-intensive manufacturing industries to the U.S. economy

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New poll shows Americans reject Medicare negotiation once they learn more about the policy

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PhRMA releases 2021 industry profile

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Patients and innovators lose if the government pursues ‘march-in’

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Promoting global vaccine equity while protecting innovation

July 15, 2021

New polling shows Americans are sounding the alarm on the TRIPS IP waiver

May 14, 2021

The Biden Administration allows politics to upend a pragmatic pandemic response

May 14, 2021

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New report demonstrates development of new medicines relies on private sector expertise and investment

May 10, 2021

H.R. 3 threatens access to medicines, future innovation and American jobs

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American leadership on innovation policy is essential to global health progress

May 4, 2021

Key excerpts: PhRMA submits comments to NIST in effort to safeguard intellectual property protections

April 9, 2021

Intellectual property is the key to vaccine development, manufacturing and technology sharing

March 5, 2021

The latest: What they are saying: Intellectual property protections vital to COVID-19 research, development and manufacturing

February 12, 2021

Preserving U.S. innovation worldwide is more important than ever

January 29, 2021

New video: See how strong IP protections lead to stronger treatments for patients

November 9, 2020

U.S. trade policy must prioritize American biopharmaceutical innovation and patient access

November 2, 2020

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September 30, 2020

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September 16, 2020

The latest: What they are saying: intellectual property protections critical as we work to defeat COVID-19

July 22, 2020

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July 13, 2020

The latest: What they are saying: Importance of intellectual property protections to combat COVID-19

July 2, 2020

The latest: What they are saying: Intellectual property protections critical as we work to defeat COVID-19

June 5, 2020

IP Explained: Intellectual property system working to combat COVID-19

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May 4, 2020

The continued imperative to protect U.S. innovation worldwide

April 29, 2020

IP Explained: Four key takeaways from new Bayh-Dole white paper

February 19, 2020

Trump administration must defend and protect U.S. innovation

February 6, 2020

PhRMA submission to 2020 National Trade Estimate Report: Urgent action required to protect U.S. biopharmaceutical innovation

November 8, 2019

IP Explained: By the Numbers: How reliable IP protections promote a strong U.S. economy

November 4, 2019

IP Explained: FACT CHECK: March-In Authority and the Bayh-Dole Act

October 9, 2019

IP Explained: Four things to know about the Bayh-Dole Act

September 13, 2019

IP Explained: Understanding biopharmaceutical innovation

July 30, 2019

IP Explained: Why IP protections are important for biologic medicines

July 18, 2019

Setting the record straight on international reference pricing

July 16, 2019

IP Explained: What is Section 101 and why reforms are needed

June 26, 2019

IP Explained: How Hatch-Waxman successfully balances affordability and innovation

May 22, 2019

World Trade Month: How we can expand world-class pro-innovation standards

May 22, 2019

IP Explained: Myth vs. fact about strong patent protections in the biopharmaceutical industry

May 2, 2019

IP Explained: What they are saying on the importance of strong intellectual property protections

April 24, 2019

IP Explained: Why patents are so critical to biopharmaceutical innovation

April 16, 2019

New report: Using march-in authority would jeopardize U.S. innovation

March 19, 2019

Special 301 submission calls for a level playing field for American innovators

March 13, 2019

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