• FluTrackers.com Inc. does not provide medical advice. Information on this web site is collected from various internet resources, and the FluTrackers board of directors makes no warranty to the safety, efficacy, correctness or completeness of the information posted on this site by any author or poster. The information collated here is for instructional and/or discussion purposes only and is NOT intended to diagnose or treat any disease, illness, or other medical condition. Every individual reader or poster should seek advice from their personal physician/healthcare practitioner before considering or using any interventions that are discussed on this website. By continuing to access this website you agree to consult your personal physican before using any interventions posted on this website, and you agree to hold harmless FluTrackers.com Inc., the board of directors, the members, and all authors and posters for any effects from use of any medication, supplement, vitamin or other substance, device, intervention, etc. mentioned in posts on this website, or other internet venues referenced in posts on this website.
  • We are not asking for any donations. Do not donate to any entity who says they are raising funds for us.

_|CHINA, TAIWAN: Approves WTO Article on Compulsory Licensing for Pharmaceuticals|_

Giuseppe

Emeritus
Legislative Yuan Committee Approves WTO Article on Compulsory Licensing for Pharmaceuticals
2008/05/16
Taipei, May 16, 2008 (CENS)--

The foreign affairs committee of the Legislative Yuan approved yesterday (May 15) article 31-1 of the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) of the World Trade Organization (WTO) allowing less developed countries to obtain necessary pharmaceuticals via compulsory licensing in case of the outbreak of major epidemics.

Meanwhile, the Ministry of Economic Affairs (MOEA) is pushing the revision of the Patent Law, so that Taiwanese pharmaceutical firms can accept entrustment of less developed nations producing such medicines.

Chu Yu-feng, vice minister of foreign affairs, explained that the article is meant to help less developed nations access low-cost medicines so that they can contain the spread of major epidemics, such as SARS (severe acute respiratory syndrome) and bird`s flu, in an emergent manner.

The article is scheduled to take effect by the end of 2009, following ratifications by two thirds of WTO members.

Fifteen member nations, or 10% of the total, have approved the article up to now, including the U.S., Switzerland, Salvador, South Korea, Norway, India, the Philippines, Israel, Japan, Australia, Singapore, Hong Kong, China, the European Union, and Egypt.

Although the article has yet to take effect formally, Rwanda already applied with the WTO for entrusting Canadian pharmaceutical plants to produce 260,000 doses of TriAvis, an AIDS medicine, via compulsory licensing.

The Intellectual Property Office (IPO), under the Ministry of Economic Affairs, noted that in the future, Taiwanese pharmaceutical firms intending to produce such medicines can apply with the IPO for the compulsory licensing, which will then notify the WTO for the case.

Such medicines should bear different appearance and packaging than those of the patent owners.
(by Philip Liu)
-
http://news.cens.com/cens/html/en/news/news_inner_23395.html
------
 
Back
Top