Category Finance

Equal Innovation Seen As Critical To Economic Growth, Achievement Of UN MDGs

Slow and uneven economic growth was the main concern echoed by panellists participating in this morning’s high-level policy dialogue at the 2013 United Nations Economic and Social Council (ECOSOC) Substantive Session. Representatives from various intergovernmental agencies shared their perspectives on the status of the global economy with respect to innovation and the 2015 Millennium Development Goals (MDGs).

MSF: Prices On Latest ARV Drugs Under Patent Too High

The price of first- and second-line anti-retrovirals (ARVs) have declined due to increased generic competition, while third-line regimens remain “exorbitantly priced,” according to the latest edition of a publication from Médecins Sans Frontières (MSF).

Global Innovation Index: Most Innovative Keep Top Spots

Innovation is a main focus of the United Nations Economic and Social Council (ECOSOC) substantive session taking place in Geneva this week. Today, at the ECOSOC opening session, the 2013 Global Innovation Index (GII) was launched, which ranked Switzerland, Sweden, the United Kingdom, the Netherlands, and the United States as the top five most innovative countries in the world.

WHO Wrestles With Engagement Of “Non-State Actors”

The World Health Organization is undergoing major reform including working to stabilise its fiscal future, and members are trying to set out careful terms for working with and receiving support from entities referred to as non-state actors, such as private foundations and organisations.

WIPO Economics Working Paper On Mobility Of Inventors

Central American, Caribbean, and African economies have the most “inventor brain drain” in relation to the number of home country inventors, according to a recent working paper released by the World Intellectual Property Organization. Data for the study included information on inventor nationality and residence available in Patent Cooperation Treaty (PCT) applications.

WIPO Seminar Discusses Impact Of TRIPS On Pharmaceutical Innovation

The latest instalment of the World Intellectual Property Organization seminar series titled “The Economics of Intellectual Property” covered the issue of product patents in the pharmaceutical industry. Discussion focussed on the economics of intellectual property rights and how pharmaceutical patent protection might not be the sole culprit in the access to innovation problem.

Focus On Quality For Patients Saves Billions Of Dollars

Daniela Bagozzi writes: Ten years of efforts in treatment for priority diseases has yielded impressive results both in terms of lives and dollars saved. To maintain progress in a volatile and financially tight environment countries and the international community will need to increase pressure on quality and healthy generic competition.

WIPO Members Debate Reduction Of PCT Fees; Send Back PPH Proposal

Members of the World Intellectual Property Organization Patent Cooperation Treaty (PCT) met this week to discuss possible amendments to the regulations under the treaty. Among issues discussed were possible fee reductions, the proposed formal integration of the Patent Prosecution Highway into the treaty, and the coordination of technical assistance under the treaty.