The Office of the US Trade Representative (USTR) has released its annual “Special 301” Report on the adequacy and effectiveness of US trading partners’ protection and enforcement of intellectual property rights (IPR), highlighting growing concerns with respect to the environment for IPR protection and enforcement in India and other markets.
Other significant elements of the 2014 Special 301 Report include the following:
The Report expresses ongoing, serious concerns about the protection and enforcement of trade secrets with respect to China, and emerging concerns in other markets.
The USTR removes Italy and the Philippines from the Watch List in recognition of their IPR-related accomplishments, and as an indication of support for their commitment to continued progress.
The USTR announces that it will conduct Out-of-Cycle reviews to promote engagement and progress on IPR challenges identified in this year’s reviews of India, Kuwait, Paraguay and Spain.
The USTR has decided not to add Canada to its “Priority Watch” list of countries that fail to sufficiently protect and enforce patent rights.
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A Denmark-headquartered company that currently has a pipeline of three independent endocrinology rare disease product candidates in clinical development and is advancing oncology as its second therapeutic area of focus.