Friday, November 6, 2015

TRIPS Council Agrees to Extend Flexibilty for Least-Developed Countries on Pharmaceutical Product for At Least 18 More Years

Least-developed country (LDC) members of the World Trade Organization will be allowed to maintain maximum flexibility in their approach to patenting pharmaceutical products until at least 2033, following a decision taken on November 6th by the WTO’s Council for Trade-Related Aspects of Intellectual Property Rights (TRIPS).

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