KIPO opposes to objections to new drug patent extended cap
By Lee, Jeong-Hwan | translator Hong, Ji Yeon
24.11.28 05:55:36
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¡ãThe Korean Intellectual Property Office (KIPO)
The Korea Research-based Pharma Industry Association (KRPIA) and others have submitted an opinion disagreeing with the proposed legislation that would introduce a maximum cap for terms of patent protection for new drugs. The proposed legislation is intended to facilitate an earlier market launch for Korea-made new drugs. The Korean Intellectual Property Office (KIPO) stated its opposition to this issue at the 21st National Assembly.At that time, KIPO stressed that the original draft instead of a revised Patent Law that would limit the number of patents to a single (1 patent).
A similar proposed legislation has been submitted to the 22nd National Assembly. Therefore, it is highly likely
Lee, Jeong-Hwan(junghwanss@dailypharm.com)
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