Philippines plans to follow India in limiting patentability
06 May 2008
Peter Ollier, Hong Kong
Politicians in the Philippines Congress have passed a law that aims to lower the cost of medicines by allowing parallel imports, making it easier for the government to issue compulsory licences and setting tougher limits on patentability
A bicameral committee of Congress passed the Universally Accessible Cheaper and Quality Medicines Act on April 29. Philippines president Gloria Arroyo has said she will sign the bill into law.
The government has not yet released the exact text of the law that the committee passed, but sources have confirmed that it is substantially similar to the one that the Senate passed in October last year.
Pericles Casuela, a partner of Quisumbing Torres, the associated firm of Baker...
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