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The patent implications of China’s generics push

Karry Lai, Hong Kong

Innovator drug companies will face challenges but complementary guidelines benefiting innovators, including a potential five-year patent term extension, may pacify concerns

China’s State Council has announced new guidelines aimed at encouraging more and better quality generics in the market.

One of the most welcomed features by generics is that corporate income tax has been reduced to 15%, down from the...

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