{"id":12395,"date":"2019-02-26T15:47:05","date_gmt":"2019-02-26T14:47:05","guid":{"rendered":"https:\/\/www.hollandbio.nl\/?p=12395"},"modified":"2019-02-26T15:47:08","modified_gmt":"2019-02-26T14:47:08","slug":"export-manufacturing-waiver-for-spcs-a-red-flag-for-investment-in-eu-healthcare-biotech","status":"publish","type":"post","link":"https:\/\/www.hollandbio.nl\/en\/nieuws\/export-manufacturing-waiver-for-spcs-a-red-flag-for-investment-in-eu-healthcare-biotech\/","title":{"rendered":"Export Manufacturing Waiver for SPCs: a red flag for investment in EU healthcare biotech"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Response of EuropaBio to the recent agreement\u00a0by the EU co-legislators on the Supplementary Protection Certificate (SPC) Export Waiver.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As the Association representing the European biotechnology industry, EuropaBio is fully committed to the development of a legislative environment which facilitates the creation of EU jobs and growth as well as new solutions to healthcare challenges.&nbsp; We therefore note, with utmost concern, the recent agreement by the EU co-legislators on the Supplementary Protection Certificate (SPC) Export Waiver, which was endorsed by the Member States\u2019 Deputy Permanent Representatives today.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">EuropaBio Secretary General, Joanna Dupont-Inglis, commented:&nbsp;<em>\u201cThe revision of the EU IP framework, to introduce a SPC manufacturing waiver, is a regrettable example of well-meant but, ultimately, counterproductive policy making, with far-reaching negative impacts on EU competitiveness. It is the small healthcare biotech companies, which are at the cutting edge of creating innovative technologies addressing patient\u2019s unmet needs, that will be hardest hit. These companies,<\/em>&nbsp;<em>seeking treatments for some of our most devastating and difficult to tackle diseases, take the highest financial risks and rely heavily on investors\u2019 money, often without making any profits for years.&nbsp; They are, therefore, critically dependant on a robust and predictable IP framework.\u201d<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">EuropaBio supports the overall objective of improving the global competitiveness of EU generic\/biosimilar sector, but feels strongly that the agreement on the SPC Export Manufacturing Waiver is at odds with this goal.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition, allowing the stockpiling of SPC-protected products, beyond the original export intent, only serves to further undermine confidence in the stability of the EU IP framework at a time our industry is facing increasing global competition. It diminishes the value of investments already committed that had previously been directly incentivised by the SPC framework itself.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Concluding, Dupont-Inglis commented: \u201c<em>What\u2019s needed now is a reinforced incentives framework in order to reassure the global investment community of the EU\u2019s capacity and commitment towards delivering breakthrough care and cures to patients.\u201d<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source: <a href=\"https:\/\/www.europabio.org\/healthcare-biotech\/publications\/export-manufacturing-waiver-spcs-red-flag-investment-eu-healthcare\"><strong>EuropaBIO<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Response of EuropaBio to the recent agreement\u00a0by the EU co-legislators on the Supplementary Protection Certificate (SPC) Export Waiver. As the Association representing the European biotechnology industry, EuropaBio is fully committed to the development of a legislative environment which facilitates the creation of EU jobs and growth as well as new solutions to healthcare challenges.&nbsp; We [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-12395","post","type-post","status-publish","format-standard","hentry","category-innovatieklimaat"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Export Manufacturing Waiver for SPCs: a red flag for investment in EU healthcare biotech - hollandbio<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hollandbio.nl\/en\/nieuws\/export-manufacturing-waiver-for-spcs-a-red-flag-for-investment-in-eu-healthcare-biotech\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Export Manufacturing Waiver for SPCs: a red flag for investment in EU healthcare biotech - hollandbio\" \/>\n<meta property=\"og:description\" content=\"Response of EuropaBio to the recent agreement\u00a0by the EU co-legislators on the Supplementary Protection Certificate (SPC) Export Waiver. 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