Taiwan needs to protect research data that looks into new uses for drugs that are no longer covered by patent in line with WTO regulations, biotech experts urged yesterday.
"Patent protection is pivotal, but data protection and exclusivity are also essential," Manuel Campolini, a spokesman for the European Federation of Pharmaceutical Industries and Associations, said at a Taiwan-Europe government-level intellectual property rights (IPR) seminar in Taipei yesterday.
"Taiwan is a highly developed country and it is extremely important that the system in terms of patent and data protection be modeled on the basis of the same system developed in [industrial] countries," Campolini said.
When drugs pass their patent period, their research data is no longer classified. Drug companies can then use the data to create their own version of the drug -- known as a generic -- which can be sold freely in competition with the original drug and other generics.
But if a company researches a new use of the expired drug, its data is protected under the WTO's "Trade Related Aspects of Intellectual Property Agreement."
As researchers exhaust the number of effective chemicals that can treat human ailments, finding new uses for old drugs is becoming increasingly critical. Money spent on research into new applications or variations of old drugs will be wasted if the research is not protected.
"The driving force towards new technology in the drug industry is reworking old drugs that have passed their patent period," said David Silver, director of Biotecheast.com, a Web site that promotes Taiwan's biotechnology and pharmaceutical industries.
Refusal to protect this kind of research could hurt public health, Campolini said, citing the example of a variant of the protein interferon that is now being used to treat the deadly hepatitis C virus.
"If biotechnology research is not protected, do you think investments in new uses of drugs will be made?" he said.
"No, never!" Campolini added.
A Taipei-based legal expert agreed.
"Taiwan is in a position to move in a club with the advanced countries," said John Eastwood, co-chairman of the Intellectual Property Committee of the European Chamber of Commerce Taipei.
"Does Taiwan really want to be a developing country that doesn't respect data protection? Even China offers six years of protection," Eastwood said.
Unfortunately the government has yet to offer a pledge on drug research data protection, Eastwood said. So far Taiwan has no legislation to protect this kind of research, he added.
Elon Musk’s lieutenants have reached out to chip industry suppliers, including Applied Materials Inc, Tokyo Electron Ltd and Lam Research Corp, for his envisioned Terafab, early steps in an audacious and likely arduous attempt to break into the production of cutting-edge chips. Staff working for the joint venture between Tesla Inc and Space Exploration Technologies Corp (SpaceX) have sought price quotes and delivery times for an array of chipmaking gear, people familiar with the matter said. In past weeks, they’ve contacted makers of photomasks, substrates, etchers, depositors, cleaning devices, testers and other tools, according to the people, who asked not to
Taichung reported the steepest fall in completed home prices among the six special municipalities in the first quarter of this year, data compiled by Taiwan Realty Co (台灣房屋) showed yesterday. From January through last month, the average transaction price for completed homes in Taichung fell 8 percent from a year earlier to NT$299,000 (US$9,483) per ping (3.3m²), said Taiwan Realty, which compiled the data based on the government’s price registration platform. The decline could be attributed to many home buyers choosing relatively affordable used homes to live in themselves, instead of newly built homes in the city’s prime property market, Taiwan Realty
JET JUICE: The war on Iran’s secondary effects have seen fuel prices skyrocket, knocking flight schedules down to earth in return as airlines struggle with costs Airline passengers should brace for more irritation in the next few months as carriers worldwide cancel flights and ground planes to cope with stratospheric increases in jet-fuel prices. Dutch flag carrier KLM is the latest company to cut its schedule, saying on Thursday that it would scrap 80 return flights at Amsterdam’s Schiphol Airport in the coming month. That puts it in the same league as United Airlines Holdings Inc, Deutsche Lufthansa AG and Cathay Pacific Airways Ltd, which have all pruned itineraries to mitigate costs. Global capacity for next month has been reduced by about 3 percentage points, with all
Taiwan is attracting a growing number of foreign jobseekers as companies increasingly recruit overseas talent to ease labor shortages and expand global reach, recruitment platform 104 Job Bank (104人力銀行) said yesterday. More than 40,000 foreign nationals searched for jobs in Taiwan through the platform last year, a 28 percent increase from a year earlier, the company said. Malaysians accounted for the largest share of overseas jobseekers at 12.2 percent, followed by Indonesians at 11.9 percent and Vietnamese at 10.8 percent. Indonesian applicants surged more than 50 percent year-on-year, while Vietnamese jobseekers rose by more than 30 percent. Applicants from the