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For example, in public hearings Pfizer submitted that originator pharmaceutical companies do not view markets as either important or unimportant based on population size, but rather as having overall strong or weak IP protection which either warrant or hydrocodone acetaminophen 5 500 do not warrant investment hydrocodone acetaminophen 5 500 in new products.

Pfizer contends that weakening IP protection hydrocodone acetaminophen 5 500 such as reducing the length of extensions of term would affect decisions on whether to conduct R&D and clinical trials in Australia. Analysis In the past Australia has taken a leading role in the shaping of international trade agreements, most notably with the Cairns Group of countries.58 We initiated and played a leading role within this group to better reflect our interest and the global interest in lower trade barriers for agricultural products. We have also taken an active role in some aspects of international patent law, for instance regarding the publication of patent information, the international consistency of the 'grace period' in which a patentee does not invalidate their patent by self-publishing their patented idea. But no government agency offered evidence to the Panel suggesting that the Australian government has clear strategic goals for Australia in IP negotiations other than to minimise changes to its own IP system. To engage in such negotiations effectively, Australian Government agencies and politicians need a much deeper and strategic understanding of what aspects of the existing international IP system require improvement, particularly where the Australian and the hydrocodone acetaminophen 5 500 global interest are in harmony. As the Panel outlines in this chapter, there are plenty of opportunities for improvement, though they require international co-ordination. Countries' strategic interests differ not just when considering IP policy unilaterally, but also in a multilateral context. In this regard a critical consideration is not so much whether countries are large or small, but whether they are net importers or exporters of IP. In this regard there is a large imbalance, for the US is the world's greatest IP exporter. In pharmaceuticals, Europe is also a large buy oxycodone without a prescription net exporter of IP. IP net exporters have an interest in seeking minimum global standards of IP that are stronger than the global optimum. This is because their exporters gain more from extensions of hydrocodone acetaminophen 5 500 IP than their buyers of imports lose from the same measures. Net IP importers have the converse interest in a level of IP protection meds com phentermine viagra somewhat lower than the global optimum. Though Australia has an interest in somewhat lower levels of IP protection than IP exporters, we should not see our vigorous pursuit of those interests as somehow undermining the global interest in strong and clear IP rights.



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