Babaamaajimowinan (Telling of news in different places)

To extend a drug patent, one drug company wants to give it to a Native American tribe

It's tough being a pharmaceutical company when your patent rights run out — the generic competition rushes in, and profits go down on a drug that you may have spent time and money to develop way back when.

But the drug company Allergan has been doing some creative thinking about this when it comes to an eye medicine called Restasis. They're transferring the drug to a Native American tribe in upstate New York.

https://www.marketplace.org/2017/09/15/business/native-american-tribe-drug-patent

 

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