Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Industry

Region Generally Lacks Patent Term Restoration

July 2012 | Industry Trend Analysis

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BMI View: The lack of patent term restoration (PTR) in most key Latin American countries restricts research-based pharmaceutical companies from maximising profits in the high-growth region. Chile and Costa Rica permit PTR, suggesting a favourable regulatory environment in these countries; however, their relatively small market sizes limit expansion potential for multinational drugmakers.