China has made its latest patent amendments effective from June 1, 2021, reforms which are likely to ensure protection against untimely and unfair generic competition.
As a result, the Chinese pharmaceutical market makes itself further competitive and conducive for innovative research companies, both regional and international, says data and analytics company GlobalData.
Although China has made patent law revisions previously, the highlights of the latest reforms are the drug patent linkage system, introduction of patent term extension for drugs and the patent term compensation system.
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