Companies / Philippines
Philippines Mulls IP Reforms
April 2006 | Company Finance AlertThe parliament in the Philippines is to push through new laws that seek to curb the soaring cost of medicines in the country. According to local press reports, legislators in the country are currently considering several bills. The most controversial is House Bill 499, which seeks to shorten the patent term for pharmaceutical products from 20 to 10 years. It is hoped this will significantly increase access to low-cost generic
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