fromIPWatchdog.com | Patents & Intellectual Property Law
3 months agoThe WIPO Treaty on Genetic Resources: A Misguided Expansion That Threatens the Patent Bargain
Increasingly, patents have become proxies for achieving unrelated policy objectives-from reducing drug prices to constraining certain industries. The WIPO Treaty continues this trend by burdening the patent system with social and political aims that fall outside its purpose. The likely outcome is weakened protection for biotechnology and pharmaceutical innovation, especially for discoveries derived from genetic resources or traditional knowledge. The result would be less research investment and slower progress in precisely those areas where humanity benefits most-healthcare, sustainability, and food security.
Intellectual property law