What are some of the actions taken by the Chinese authorities to encourage investment into pharmaceutical development and research in China?
Chinese authorities have made significant strides in creating an intellectual property environment which will encourage investment into pharmaceutical development and research in China, some of the more important steps being: amended the patent law to include pharmaceutical substance patent (previously, only process patent protected) (1993); prolonged the term of protection for patent for invention from 15 to 20 years (1993); joined the Patent Cooperation Treaty (to allow multi-jurisdictional filing) (1993); adopted data exclusivity for a 6-year term (2002); added provisions on Patent Linkage (2002).
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