The TAC (Treatment Action Campaign) has again this week lashed
out at South African patent law saying that patented medicines are
On the one hand, these medicines would not have existed were it
not for patent laws. Innovation has to be stimulated by the
promise of reward.
On the other hand, one has to ask how big that reward should
be. You could argue that the bigger the reward, the more
money is available for research and development to create even
better medicines. Surely this makes business sense? But some
say the drug companies are just enriching themselves.
There is however the moral dilemma that some patients cannot
afford lifesaving drugs. Again, these drugs would not have
existed were it not for patent laws, but now they do.
Many drug companies provide medicines at extremely low costs to
certain indigent countries or groups of people. Some even
provide medicines free of charge. Many drug companies
have social responsibility programs and implement these at great
One cannot, in general, blame patent laws and the drug
companies. Patent laws and systems are extremely important
for a successful economy. The moral dilemma has to be
addressed but it has to be done in a responsible and sustainable
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A better strategy is to actively engage such users and request, amicably, that the use of the trade mark be stopped or limited- after all your consumers are on your team and are your biggest supporters.
As a result of the US and other nations looking to ease the sanctions imposed on Iran, the international business community is once again starting to look at the opportunities presented by the largely untapped market of Iran.
Intellectual property (IP) is an umbrella term for various legal entitlements which attach to certain names, written and recorded media and inventions. The word IP refers to creation of the mind and expression: inventions, literary and artistic works, symbols, names and images used in commerce.
The GCC tent system provides a convenient way for applicants to secure patent rights effective in each of the GCC member states.
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