G20 countries want to facilitate drug patenting

by time news

The countries of the Group of Twenty (G20) spoke in favor of simplifying the procedure for the transfer of patents for medicines, follows from the Rome Declaration, adopted at the end of the meeting, which was held in the format of a videoconference.

“We undertake to facilitate the exchange of information, the transfer of agreements on patent law, as well as the transfer of technology and knowledge on a voluntary basis and on the basis of existing multilateral agreements,” TASS quotes an excerpt from the document.

Participants in the event acknowledged that “intellectual property can be an additional impetus to technological development,” said the head of the European Commission, Ursula von der Leyen, adding that in June the EU will offer the World Trade Organization (WTO) a “third way”, which implies “better commercial conditions. support and expansion of production, as well as special use of licenses in times of crisis. “

Earlier it was reported that the G20 summit will be held on May 21 in Rome. It was planned to discuss the fight against the coronavirus pandemic in the world, as well as the work of various institutions and structures and other health initiatives. It was also reported that Russian President Vladimir Putin will not take part in the summit, as he is participating in a meeting of the Supreme Eurasian Economic Council. Putin took part in the G20 summit last November.

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