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Simple English definitions for legal terms

Hatch–Waxman Act

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A quick definition of Hatch–Waxman Act:

The Hatch-Waxman Act is a law made in 1984 that helps make generic drugs more available and affordable. It also allows drug companies to get back the time they lost waiting for approval from the FDA for their drug patent. This law is also known as the Drug Price Competition and Patent Term Restoration Act of 1984.

A more thorough explanation:

The Hatch–Waxman Act is a federal law that was passed in 1984. It provides incentives for the development of generic drugs and allows drug-patent owners to regain the time lost on a patent's term while awaiting approval of the drug from the Food and Drug Administration.

For example, if a drug company spends a lot of money developing a new drug and gets a patent for it, they have a certain amount of time to sell that drug exclusively before other companies can make generic versions. However, the FDA has to approve the drug before it can be sold. This can take a long time, and the drug company may lose some of the time they have to sell the drug exclusively. The Hatch–Waxman Act allows the drug company to regain that lost time on their patent.

The Act also provides incentives for other companies to develop generic versions of drugs. This helps to make drugs more affordable for people who need them.

Hatch Act | hate speech

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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