Report – Patent Abuse A Leading Cause Of High Drug Prices In US 03/08/2018 by Intellectual Property Watch 1 Comment Pharmaceutical companies have created an “untenable” situation by engaging in exploitative patenting practices to extend monopolies, increasing drug prices and delaying competition from more affordable generics, according to a new NGO report analysing drug prices.
New ITU Focus Group On Vehicular Multimedia: Merging Automotive, ICT Industries 27/07/2018 by Intellectual Property Watch Leave a Comment The UN International Telecommunication Union (ITU) has announced a new Focus Group on Vehicular Multimedia to “explore such innovations as intelligent voice interaction, interconnection between vehicular terminals and smartphones, and connectivity for high-precision navigation,” according to an ITU press release.
AbbVie Hepatitis C Treatment Patents Challenged In India For Evergreening 26/07/2018 by Intellectual Property Watch 1 Comment The Initiative for Medicines, Access & Knowledge (I-MAK) and the Delhi Network of Positive People (DNP+) filed an opposition with the Indian Patent Office in Delhi on 21 July to prevent the granting of a patent to AbbVie on pibrentasvir, which forms part of Mavyret, their drug used to treat Hepatitis C, according to a press release.
UN Political Declaration On TB Finalised: No Commitment To TRIPS Flexibilities 24/07/2018 by David Branigan, Intellectual Property Watch 3 Comments Members of the United Nations concluded negotiations on the draft of the Political Declaration on the Fight Against Tuberculosis on 20 July. After weeks of heated negotiations over the inclusion of references to TRIPS flexibilities in the operative paragraphs, with the Group of 77 pushing for inclusion and the United States against it, the final text of the political declaration reflects the deadlock of these positions. Due to the inability of member states to reach agreement, the final text does not include substantive reference to TRIPS flexibilities. If no countries object, this final draft of the Political Declaration on TB will be adopted by the General Assembly at the High-Level Meeting on Tuberculosis, which will take place on 26 September at the United Nations in New York, and will serve as the authoritative agreement from which action plans will be drawn. According to sources, countries have until tonight in New York to decide whether to object, and G77 nations are considering their options.
Central Banks Consider Blockchain-Based Digital Currency At ITU Meeting 20/07/2018 by David Branigan, Intellectual Property Watch Leave a Comment NEW YORK – The UN International Telecommunication Union’s Digit Fiat Currency (ITU-DFC) Focus Group is meeting in New York this week to consider the potential promise and pitfalls of central bank-issued digital currency.
Global Innovation Divide: Can Investment In Innovation Bridge The Gap? 17/07/2018 by David Branigan and William New, Intellectual Property Watch 1 Comment The Global Innovation Index 2018, launched on 10 July in New York, has lauded the rise of China as a model for how other low and middle-income economies can advance on innovation. Amid this optimism, however, the global innovation divide remains in step with the global income divide, raising questions for how to bridge this gap. The new index shows signs of progress.
(Video) Europe’s Innovation Renaissance, China’s ‘Astonishing’ Rise: Global Innovation Index 2018 17/07/2018 by David Branigan, Intellectual Property Watch Leave a Comment European countries led by Switzerland are experiencing an “innovation renaissance,” this year’s Global Innovation Index shows, while the scale of China’s rise in the index is “quite astonishing,” Sacha Wunsch-Vincent, senior economic officer at the World Intellectual Property Organization, says in a short video interview with Intellectual Property Watch.
Global Innovation Index 2018: China Breaks Into Top 20, US Drops Out Of Top 5 11/07/2018 by David Branigan, Intellectual Property Watch 1 Comment NEW YORK — The 11th edition of the Global Innovation Index 2018 (GII), co-published by Cornell University, INSEAD, and the World Intellectual Property Organization, was released yesterday at a launch event in New York. This year’s report showed Switzerland still at the top overall, China continuing to rise, the United States slipping, and explored how countries can vary on inputs and outputs of innovation.
UN Urged To Emphasize Health Over Profit At Upcoming UN High-Level Meeting On NCDs 06/07/2018 by David Branigan, Intellectual Property Watch 2 Comments An open letter sent by 242 organisations and individuals to key United Nations and World Health Organization representatives on 4 July demanded that high prices limiting access to medicines and effective treatment be addressed at the upcoming UN High-Level Meeting on Non-Communicable Diseases.
145 Organisations Urge EU Vote Against JURI Mandate On Copyright 03/07/2018 by Intellectual Property Watch 1 Comment Some 145 organisations have signed an open letter urging European Parliament to vote against the Legal Affairs (JURI) Committee mandate to negotiate on copyright reform. The European Parliament will meet on 5 July for a plenary vote on whether or not to endorse the mandate.