Recent Move to Increase Domestic Production of Pharmaceutical Products
In a series of workshops on intellectual property, public health and local pharmaceutical production recently held in Vietnam by the Viet Nam Pharmaceutical Companies Association (“VNPCA”) and the United Nations Industrial Development Organization (“UNIDO”), a representative of the National Office of Intellectual Property of Vietnam (“NOIP”) had provided VNPCA’s members with statistic figures on patent applications and granted patents in the pharmaceutical sector in Vietnam. According to the NOIP’s representative, up to June 2014, the NOIP had received 9147 patent/utility solution applications in the pharmaceutical field, which account for about 20% of patent/utility solution applications filed in Vietnam. Out of the 9147 applications, the NOIP had granted 2508 patents for invention/patents for utility solution in this field, which account for about 18.1% of patents for invention/ patents for utility solution granted in Vietnam (up to June 2014, the NOIP had granted 13,837 patents for invention/patents for utility solution).
It can be seen from such statistics that the number of patents for invention/utility solution granted in the pharmaceutical field in Vietnam is very low compared to that in developed countries, despite the pharmaceutical field being a high growth sector in Vietnam with abundant potential. In order to address this issue, the VNPCA, UNIDO and NOIP had jointly called for the exploitation of non-patented pharmaceutical inventions as well as expired patents in Vietnam to increase domestic production of necessary pharmaceutical products. Such move hopefully will bring about a positive shift in the pharmaceutical industry.
Should you wish to obtain further information or want to discuss any issues raised in this alert with us, please contact:
Tran Manh Hung
+84 4 3936 9398
Le Viet Hung
+84 4 3936 9353
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