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This option could also include an annual review of the savings delivered through any reduction in the length of extensions of term to be used in allocating funding to the replacement R&D subsidies. Australia provides an effective patent life largely in line with the UK and longer than the US.

Due to later dates of regulatory approval, as a consequence of both later TGA application dates and longer TGA processing times when compared to the FDA, Australian patents generally have longer extensions resulting in later patent expiry dates. While this does not necessarily result in a longer exclusive period in the market in Australia compared to the US and UK, it does have other implications, especially for the Australian generics industry. In particular, as discussed in previous chapters, generic manufacturers wanting to compete in markets where the patents have expired are not able to do so oxycodone tylenol from Australia if the patent is still in force in Australia. Also, if the patents expire later in Australia then Australian manufacturers may be disadvantaged if overseas-based manufacturers are positioned to enter the Australian market immediately (and before their Australian competitors) due to their advantage in supplying other markets beforehand. Draft Recommendation 5 Option 5.2: The Government should change the current extension of term provisions such that patents receiving an extension of term in Australia will not expire later than the equivalent patents in major trading partners. Potential ways of achieving this include: a) Providing an extension expiring up to 5 years after the original patent term or upon the expiry of the equivalent patent extension in one of a list of other jurisdictions including the United States and European Union.

This option ensures Australian extended patents would not expire later than equivalent patents elsewhere. If originators are unable to seek regulatory approval in Australia at the same time as elsewhere, this option would reduce the effective patent life. b) Changing the method of calculating the length extensions of term to provide an incentive to submit applications for regulatory approval in Australia earlier than is currently the practice. This could be similar to the US hydrocodone apap tablets 7.5 method described above.

This option creates an incentive to seek regulatory approval in Australia as soon as possible, reducing delays in access to medicines for Australian health consumers. Under this system, one-to-one compensation is still provided for the time taken to process applications for regulatory approval. Extension of term - scope including technical problems 6.1.Current scope for extension of term Under existing Australian provisions, patents with claims to active ingredients or new formulations of a known active ingredient are considered to be eligible for an extension. This is similar to, but not the same as, the US, Europe, UK and Japan. In these jurisdictions, extensions are also available for uses and methods oxycodone tylenol of manufacture of pharmaceuticals,119 whereas in Australia they are not.

6.2.Divergence from original intent of the pharmaceutical patent extension of term provisions This section will consider whether the current understanding of the law has diverged from the original intention of the legal provisions for extension of term. In an area as complex as pharmaceuticals, it is inevitable that oxycodone tylenol both the patent office and judiciary will be called upon to interpret and oxycodone tylenol apply the extension of term provisions. The explanatory memorandum accompanying the legislation that introduced the current extension of term provisions states that: ...extensions of term would usually be restricted to new and inventive substances.120 GMiA argues that this was intended to limit eligibility to patents claiming new active ingredients: [The] Explanatory Memoranda accompanying the 1998 amendments and in 2006 also made it clear that this regime was intended to relate to "new drugs".

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