TPPA unlikely to affect drug prices


Keh (left) and Diong are of the opinion that the impact of TPPA on the local pharmaceutical industry is not as big as expected. Photo: The Star/Faihan Ghani

Increased drug prices has been one of the main concerns related to the Trans-Pacific Partnership Agreement (TPPA) – in Malaysia, as well as in the other 11 countries involved.

Fears that the Intellectual Property section of the agreement would enable medicine patent-holders to maintain their monopoly for a longer period of time have been spreading ever since drafts of the agreement were leaked, beginning in 2013.

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