Thus Native Americans protect pharmaceutical patents
To save its blockbuster drug from a patent review, Allergan has engineered a ploy to switch the license to the Saint Regis Mohawk tribe in upstate New York
The news of the expedient spread quickly in the pharmaceutical world, suggesting that other companies could soon copy the strategy to deal with the patent review process not loved by companies. If Allergan manages to keep its patent, "we will likely see many pharmaceutical companies filing their patents with Indian tribes," Bernstein analyst Ronny Gal explained in a video message to investors.
Denise Bradley, a spokeswoman for Teva Pharmaceuticals, one of the generic companies testing Restasis' patent, described the deal as “a new and unusual way for a company to try to delay access to high-quality and more affordable generic alternatives. Teva is now interested in seeing what regulatory agencies' comments on this strategy will be.”
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Note: pictured above Dale White general counsel of the Mohawk Tribe of Saint Regis