Minister English welcomes enactment of the Intellectual Property (Miscellaneous Provisions) Act
This legislation will make it easier for pharma companies to develop new medicinal products in Ireland, making us more attractive for research and development investment.
07th January 2015
The Minister for Skills, Research & Innovation, Damien English T.D. today (Wednesday) welcomed the enactment of the Intellectual Property (Miscellaneous Provisions) Act 2014 which updates some elements of patents and trademarks legislation.
The legislation exempts from the realm of patent infringement acts that are carried out for purposes of clinical tests and trials to secure regulatory approval for new or generic versions of medical or veterinary products. Legitimate research and trials will now enjoy greater immunity from patent infringement proceedings, while any follow-on commercial manufacture will continue to enjoy legitimate patent protection.
The measure will benefit the pharmaceutical sector in Ireland in particular assisting in the development of new or generic versions of pharmaceutical products. The new provisions will apply to tests and trials carried out in Ireland for the purposes of getting regulatory approval of the new products anywhere in the world.
This measure was first identified in the 2012 Action Plan for Jobs and it will ensure that Ireland continues to remain an attractive base for the location of future investment by pharmaceutical companies that rely on a safe environment for the research and development of new products.
Welcoming the measure, Minister for Skills, Research and Innovation Damien English said “this Act paves the way for pharma companies in Ireland to continue to innovate and develop new and generic pharmaceutical products. It will heighten awareness of Ireland as a location that places a strategic focus on Innovation by creating the right business ecosystem for this strategically important sector to grow and develop". The Act introduces a small number of technical amendments to trademark legislation to pave the way for Ireland’s eventual ratification of an international trademark treaty known as the Singapore Treaty on the law of Trademarks.
Read the full Act attached below;
Intellectual Property(Miscellaneous)Act 2014.pdf (size 373.3 KB) (0.36 MB, Adobe PDF)