New Zealand is to join other nations in accepting an amendment to international trade rules to make it easier for developing countries to buy cheap generic copies of expensive drugs. New Zealand would be amending its patent laws under a Patents Bill submitted to Parliament so that it could export generic drugs to developing nations facing public health problems such as HIV/ AIDS, malaria and tuberculosis, Trade Minister Tim Groser said Friday. It would join a long list of countries in agreeing that developing countries should be able to import generic copies of patented drugs if they could not manufacture the drugs themselves. "Affordable access to medicines makes a critical difference to developing countries," Groser said in a statement. "New Zealand supports the principle that all countries have the right to protect public health." New Zealand had played an active role in negotiating the basis of a World Trade Organization (WTO) protocol covering patent provisions in the WTO Agreement on Trade Related Aspects of Intellectual Property Rights, which had been in place on a temporary basis since 2003. Once New Zealand had passed the Patents Bill, it would become an "exporting member" under the protocol, allowing it to issue compulsory licenses for the export of generic copies of patented pharmaceuticals requested by countries facing public health crises. The protocol will come into full force once it has been accepted by two thirds of WTO members.
GMT 18:35 2018 Thursday ,11 January
Syrian refugee sets himself ablaze at UN office in LebanonGMT 18:48 2018 Tuesday ,09 January
Novo Nordisk woos Belgian nano-drug makerGMT 17:54 2017 Wednesday ,27 December
Medical evacuations begin from besieged Syria rebel bastionGMT 12:14 2017 Monday ,25 December
MoHAP successfully conducts cochlear implant operationGMT 18:24 2017 Sunday ,24 December
Palestinian conjoined twins arrive in RiyadhGMT 19:05 2017 Monday ,18 December
new! magazine names fitness & food editorGMT 17:03 2017 Wednesday ,29 November
Spain reports case of 'mad cow disease'GMT 14:05 2017 Saturday ,11 November
EU can't agree on new licence for controversial glyphosate weedkiller
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor