Intellectual Property

World IP Day 2013: Protecting 'The Next Generation' of Innovation

Any great invention begins with little more than a thought. To transform that initial idea into a tangible tool requires time and money – necessary investments if we want to continue developing ways to improve people’s lives and the world around us. nnovation requires support through appropriate incentives, and via protective mechanisms like the IP system.

Considering the Impact: A European Patent with Unitary Effect and Unitary Patent Court

After 40 years of false starts, a European Patent with Unitary Effect (the UP) and a Unitary Patent Court (the UPC) is expected in the near future. The biopharmaceutical industry strongly supports a unitary patent and court even though the UP and UPC will not launch in all EU Member States initially (Italy and Spain are yet to join) and with legal uncertainties that may see an incremental engagement of biopharma with the UP/UPC.

The degree to which patenting, and in particular secondary patenting, protect pharmaceutical products during their lifecycle is often misconstrued.

Productive discourse between those who believe in the fundamental importance of the patent system and those who do not, is hindered by the technical and legal complexity of patent law. A complexity compounded in the pharmaceutical sector by the interaction of the patent system with drug regulatory practice. Misleading characterizations of the pharmaceutical patent system ( including recent references to “extending patents for decades” ) have become an increasingly common part of public debates concerning both access to pharmaceuticals and the incentives to investment in pharma R&D.

Intellectual property and pharmaceuticals (June 2008)

Every new medicine is the result of a long, painstaking and costly research and development process. Thousands of compounds are tested but very few survive the rigorous testing process. That process and the products it produces must have intellectual property protection. Developing and bringing a product to market is hugely expensive to undertake and very easy to imitate.1 No industry could survive in the face of free riding by imitators on innovators’ investments. But that protection is fundamental in the pharmaceuticals industry, where the investments are measured in billions and the development process in decades.

Fostering Health: a shared commitment to high quality and sustainable healthcare

Europe needs and deserves healthcare systems that take a modern approach to both demand and delivery. 21st century healthcare systems should benefit to meet the needs of European countries faced with unprecedented challenges of growth, public finance, employment and solidarity. The vision of the biopharmaceutical industry is one of cooperation and partnerships, maximizing the benefits we can deliver to society together through developing innovative medicines.

 

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