Thailand To Change “Dominant Position” Definition Of Drug Market Share

Thailand's Commerce Ministry plans to fix a loophole used by Abbott Laboratories to avoid certain trade competition restrictions. The company withdrew an application to register 10 new drugs in the country last year in response to a government decision to use compulsory licensing to enable production of generic versions of an Abbott HIV/AIDS drug. The Trade Competition Act Committee of the Thai ministry said the law turns on the definition of "dominant position" for products, so the definition is to be changed from applying to those with 50 percent of market share to those with just 25-30 percent. (Click here for more