Susan K. Finston
Scientific Tracks Abstracts: J Bioequiv Availab
While welcoming passage of a regulatory pathway for Biosimilars in the United States through the Biologics Competition and Innovation Act of 2009 (BPCI Act), critics have questioned inclusion of exclusivity periods in addition to existing patent protection for innovative biologics. Questions include: ? Why do originators require special incentives provided by separate exclusivity periods, particularly given that the biosimilar sector likely will be dominated by a handful of global bio-pharma generic and innovator companies for the foreseeable future? ? If additional exclusivity is needed, why does the BPCI Act go beyond the exclusivity periods provided for small molecules through the Hatch-Waxman framework? This presentation will address these questions for a better understanding of the role of 4-year data exclusivity and 12- year overall marketing exclusivity periods in the BPCI Act. Importance of a period of data exclusivity for new products has increased substantially in recent years due to increasing prevalence of patent litigation. Independent of the patent period, Data Exclusivityprovides certainty for the originator by providing a fixed period for ROI. Serving as gatekeeper, the U.S. Government conserves valuable judicial resources and protects smaller biotech companies with weaker patent portfolios, where biosimilar manufacturers likely may be global players with deep pockets for patent litigation. The BPCI seeks to balance these competing interests of innovation and affordability, providing predictability for originator companies while ? for the first time ? facilitating entry of biosimilars for the U.S. market.
Susan K. Finston, JD/MPP is the President of Finston Consulting LLC since 2005, Susan works with biopharmaceutical clients ranging from start-up to Fortune-100, providing support for legal, transactional, policy and "doing business" issues. Together with biotechnology pioneer AnandaChakrabarty, shealso isco-founder of Amrita Therapeutics Ltd., an emerging biopharmaceutical company based in India. Susan has extensive background and special expertise relating to intellectual property and knowledge-economy issues in advanced developing countries including India and South Asia, Latin America and the Middle East North Africa (MENA) region. She also works with governments, trade associations, companies and NGOs on capacity building and related educational materials and events.