If we learn nothing else from the TPP debacle, it is that Neoliberalism is nasty. And its proponents are hypocrites.
One of the main sticking points in TPP negotiations now is the protection period, that’s right, protection period, on the use of clinical data behind the approval of new biological drugs. One would assume the TPP would be arguing for little or no protection period. After all, it is about removing barriers to trade; we are told so, repeatedly. But no, the proposed 12 year protection period is at least double what most of the signatory countries now have. The TPP is surely not about free trade. Continue reading