The Commercialization of Pharmaceutical Patents in China
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The Commercialization of Pharmaceutical Patents in China

James Hou

Presenting detailed analysis of the industrialization of pharmaceutical patents in China, this timely book explores a range of related topics including a comparison of the ideal and existing state of the pharmaceutical market and patent industrialization. It argues that the core purpose of the industrialization of pharmaceutical patents is to promote the development of the local pharmaceutical industry whilst also protecting society’s right to safe and effective medication.
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Chapter 6: Law and policy analysis of Chinas pharmaceutical patent industrialization

James Hou

Abstract

Based on the analysis of laws and regulations in the previous chapters, this chapter starts with a comprehensive policy review, discuss the patent law and industrial policies and then review the industrial policies at the special law and even in the Constitutional level. The author also suggests readers thinking about the policy of the industrialization of pharmaceutical patents from the overall economic perspective. Finally, the author summarized that the following points should be the basic policy directions for protection of intellectual property rights and national economic development: 1. Correct concept of intellectual property rights - 2. Technology innovation capability for independent R & D and creation – 3. Sound IP system and laws – 4. Reasonable attribution and distribution of intellectual property interests – 5. Good business mechanism and professional talents – 6. Complete intellectual property information system at home and abroad

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