Cheaper Medicines Act signed into law
On June 6 2008, the president of the Philippines signed into
law Republic Act no 9052 entitled Universally Accessible
Cheaper and Quality Medicine Act of 2008. The director-general
of the Intellectual Property Office and other appropriate
government agencies are mandated to issue the implementing
rules and regulations of the Act within 120 days. Republic Act
no 9052 contains a number of important points.
First, it amends the IP Code to state as non-patentable the
mere discovery of a new form of a new property of a known
substance which does not result in the enhancement of the known
efficacy of that substance, or the mere discovery of any...
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