Key Points
The VIII International Conference "Antimonopoly Policy: Science, Practice, Education" held on November 30th Dec 1st at the Skolkovo Innovation Center in Moscow was the last meeting of the BRICS countries before turning into BRICS plus next year when new members will join the organization..
Representatives of the Indian antitrust authorities as well as research institutions representatives has expressed their intent to support the competition laws enforcement in a field information disclosure and patent regulation towards the global pharmaceutical monopolies...
Brazil provides a number of exceptions to patent protection, while India and South Africa allow actions to make, use, sell or import a patented invention if they are carried out solely for the purpose of collecting and filing information..
These measures are aimed not only at saturating the market with the necessary medicine in a certain period of time, but also at creating a favorable business climate and achieving long-term economic growth Alexey Ivanov, Director of the BRICS Competition Law and Policy Centre commented...
The joint efforts of the Russian, Indian, Chinese, Arabian, African and Latin American antitrust authorities are expecting to have a positive impact on the pharmaceutical industry, not only in their respective countries but also globally..
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