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New Patent Database To Help Drug Procurement Agencies Worldwide

 
• By Ian Schofield

A new online database will offer procurement agencies around the world information on the patent status of medicines worldwide, in a move that is expected to make procurement procedures more efficient.

Patent Law Concept 3D Illustration
A new global database on drug patent status is being launched.

Plans are afoot to establish a database of global patent information that will help procurement bodies around the world determine the scope of patent protection of medicines and improve the efficiency of their disease management strategies.

The “Pat-INFORMED” initiative has been co-developed by the international pharmaceutical industry federation, the IFPMA. and the World Intellectual Property Organization....

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