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Biotech

+ - Drug Firm excludes new drugs from Thailand.

Submitted by gamer4Life
gamer4Life (803857) writes "According to U.S. drugs giant Abbott Laboratories said it would stop launching new medicines in Thailand in protest at the army-backed government's move to override international drug patents. From the article:

"Thailand has chosen to break patents on numerous medicines, ignoring the patent system. As such, we've elected not to introduce new medicines there," Abbott spokeswoman Jennifer Smoter told Reuters.
Abbott is believed to be the first pharmaceutical maker to withhold new drugs from Thailand since the government shocked drug makers late last year with its first compulsory license, for Efavirenz, an HIV-AIDS treatment made by Merck & Co."

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