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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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