Jadeja said: "The strategy identifies many of the challenges and opportunities faced by the life sciences sector, especially around finding effective and equitable mechanisms and models to incentivise innovation in areas like those of unmet medical need. These challenges and opportunities are not new, nor is the need to look at how we best incentivise innovation, but as the strategy acknowledges the Covid-19 pandemic has brought many of the issues into the spotlight. I hope this strategy leads to an open debate looking at incentives in the round. As the strategy recognises, breaking silos and collaboration between the many stakeholders is vital."
Jules Fabre of Pinsent Masons said that, in relation to new incentives for innovation in life sciences, the Commission's separate new action plan on intellectual property (IP) is relevant.
"On IP, the strategy is in line with previous communications from the Commission and the pharma incentives review," he said. "The Commission confirms that it will continue to assess the merits of further harmonising the so-called ‘Bolar exemption’ and, as part of its IP action plan, look into options to improve the uniform application of rules on supplementary protection certificates (SPCs) – a separate evaluation of the SPC Regulation also published by the Commission found that the national administration system for SPCs 'undermines the effectiveness and efficiency of the SPC system'."
"In its new IP action plan, the Commission says that it will assess ways to address the fragmented application of the SPC Regulation and will consider the possibility of introducing a unified SPC grant mechanism and/or a unitary SPC. The Commission also calls on member states for a rapid roll out of the unitary patent package and says that it will continue to evaluate the application of the IP Rights Enforcement Directive, notably to ensure that injunctions are applied uniformly and efficiently across member states," he said.
Also relevant to incentives, particularly in relation to investment in areas of unmet medical needs, is the Commission's inception impact assessment on EU regulations concerning orphan medicines and medicines for paediatric patients which it also published on Wednesday. Orphan designated drugs, those for very rare diseases, can benefit from a 10 year period of market exclusivity, and paediatric extensions can be secured where companies have undertaken research to investigate the benefits and risks of medicines in paediatric patients, to prolong periods of exclusivity of SPCs by six months or orphan market exclusivity by two years.