Biosimilars Present Opportunity, Challenge For Developing Countries, UNCTAD Group Says

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Biosimilars are a hot topic. Beyond the colossal profits foreseen by some, drawing a lot of interested parties into the game, developing countries mean to play a role in this new frontier. However, biosimilars – close copies of biopharmaceutical products – are difficult and very costly to produce and come as a challenge to the generic industry used to duplicating small molecules. And some warn about differences in regulatory requirements, which could effectively boot developing countries out of the global market.

Most-Read IP-Watch Stories In 2014: A Tale Of Staff Issues, India, Hot-Button Topics

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All year long, Intellectual Property Watch expends great energy and resources to bring hundreds of carefully written, detailed stories on policymaking – technical committee meetings, legislation, negotiations, legal cases, and latest reports and papers. But in what is perhaps typical of readers everywhere, many of the best-read IP-Watch stories of 2014 were those few that involved elections and personnel issues and India, followed by a range of hot button issues such as high-priced medicines, copyright and knowledge access, patent valuation, or internet surveillance.

UN Office Of Drugs And Crime Enters Debate Over Fake Medicines And IP

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The Vienna-based United Nations Office on Drugs and Crime (UNODC) has been working for several years to fight “fraudulent” medicines in the global supply chain. But an alleged new draft model legislation it is developing includes intellectual property rights, an issue which has led to intensive debates in other international fora. This week, a closed-door UNODC informal expert group drafting the model legislation is meeting in Vienna.

Draft UN Post-2015 Development Goals: Future Must Not Be ‘Business As Usual’, Including IP Rights

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Last week’s United Nations draft report for the post-2015 sustainable development goals under negotiation calls for continued progress toward sweeping improvements in the lives of all people and the health of the planet, including ensuring that intellectual property rights are respected but do not get in the way.

Paper Proposes Access And Benefit Mechanisms To Help Implement Nagoya Protocol

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A recent paper proposes that countries use the access and benefit-sharing mechanism of the Nagoya Protocol to ensure conservation action and effective implementation of the protocol.

The Caravan Has Set Out For Neo-Liberal Capture Of Global Governance

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The Net Mundial initiative of the World Economic Forum represents the first time that such a corporate-led venue – although sold as multistakeholder, open, and voluntary, among others – is positioned as being ‘the’ mechanism for global governance in a specific sector, the Just Net Coalition writes.

Kenyan Community Benefits From Its Genetic Resources

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In Kenya, residents living around Lake Bogoria in Baringo County have received Kenya shillings 2.3 million, about USD 26,000, as royalties paid by a Danish bio-enzyme company.

World Customs Organization Adds To Anti-Counterfeiting System

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The Brussels-based World Customs Organization has updated its online tool for field customs officers to communicate in real time with rights holders on counterfeiting of their brands. The WCO announced its partnership with another company providing authentication and traceability technologies, bringing over 30 additional top brands on board.

UNCTAD Forum: Local Drug Manufacturing A Key To Universal Health Coverage

Michel Sidibé Executive Director of UNAIDS at UNCTAD Investment Forum

Local production of medicines in developing countries is key to advancing universal health coverage, but other factors need to be considered, such as the involvement of all stakeholders and policy coherence in governments, according to speakers attending the World Investment Forum this week. Several speakers called for a paradigm shift in global health.

EU Legislation On Nagoya Protocol Becomes Effective; What Effect On Indigenous Peoples’ Rights?

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The entry into force of an international treaty facilitating access to genetic resources and ensuring the fair sharing of potential commercial benefits has prompted the applicability of a European Union regulation relating to the treaty. This led a researcher to call on the treaty members to ensure its implementation protects the rights of indigenous and local communities.