Managing Intellectual Property

UNITAID agrees funding for drug patent pools

11 June 2010

Emma Barraclough, London

Patent pools for AIDS drugs are one step closer to becoming reality with the establishment of a new Medicines Patent Pool Foundation

In 2008, UNITAID, which partners with organisations including the WHO and Unicef, began work to set up a collective management structure for medicines patents known as a patent pool, which will initially focus on drugs to treat HIV and AIDS. On Tuesday the chairman of its executive board said that it will provide the new Foundation with $4.4 million for its first year of operations.

"What this means in practical terms is that formal negotiations...



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