Using Patents to Fight Disease in Developing Countries

By Nathaniel DeLucia

The World Intellectual Property Organization (WIPO) created the Medicines Patent Pool in 2010 to bring HIV medicine to developing countries at affordable prices.  Now, at the annual General Assembly of the WIPO, the organization is considering expanding the program to fight other diseases.

The patent pools provide a centralized location for numerous patent owners and generic companies to meet and trade.  The result is easier negotiations, leading to more license agreements and, ultimately, lower prices.

For more information on these potential patent pools, see Intellectual Property Watch’s article, located here.