On 15 October 2012, the Hon Mark Dreyfus QC MP, announced a review of pharmaceutical patents.
The review is to examine whether Australia’s patent system is effective in securing timely access to competitively priced pharmaceuticals and in supporting innovation and employment in the industry. An important part of the review is to examine the Australian provisions for extending the terms of eligible pharmaceutical patents.
The Review Panel issued a background paper , with...More
The IP Laws Amendment (Raising the Bar) Act 2012 is Australia's biggest intellectual property (IP) system overhaul in twenty years. The legislative reforms aimed to strike a balance between public and private interests and provide a more robust framework to support and encourage innovation.
The Raising the Bar Act addressed the following six key areas:
Raising the quality of granted patents: Australia patentability standards are now more closely aligned to...More