Malaysia Hotline: +603- 2141 8908

Malaysia’s
intellectual property (IP) environment has been improving over the past four
years and is poised to strengthen once it is part of the Trans-Pacific
Partnership (TPP) grouping. Opportunities for progress stand clear as the IP
standards under the IP chapter would strengthen the environment with regards to
the life sciences.
Malaysia
was placed in the 17th position in the US Chamber of Commerce’s fourth annual
International IP Index which measures 38 prominent global economies against it.
Its overall score has increased to 14.78 from 14.62 in the previous edition of
the Index. Measured as a percentage, the score has stayed the same as last year
at 49 per cent.
Each
economy’s score is based on 30 indicators spread across six categories —
patents, copyrights, trademarks, trade secrets, enforcement, and international
treaties. According to the Chamber, the change in score is a result of the
replacement of the GTRIC-e measure of physical counterfeiting with the Global
Physical Counterfeiting Measure.
“Malaysia’s
score has gone up quite considerably and steadily over the course of the four
editions, with positive reforms to its copyright law standing out.” But it said
despite having introduced the Regulatory Data Protection (RDP) five years ago,
challenges remain. Despite intensifying efforts, high levels of counterfeiting,
software, and music piracy occur. “De facto RDP full term of protection is not
offered to new products, patent term restoration not allowed,” it said, adding
that ex officio powers are not used by customs officials.
On the
patent term restoration for pharmaceutical products, it pointed out that the
TPP contains very clear requirements that contracting parties make available a
term of patent restoration for unreasonable delays. “Introducing a term of
patent restoration for any delays caused through the regulatory review process
would be a positive step in strengthening Malaysia IP environment as it relates
to the life sciences.” Providing biopharmaceutical innovators a full term of
patent exclusivity is an essential component of incentivising R&D and
investment in new medical technologies, it said. It also noted Malaysia’s
Health Ministry’s statement that regulatory delays in Malaysia were within
international norms, thus precluding the need for any restoration period.
Contact
us
If
you have further queries, please contact Tannet
24
hours Malaysia hotline:603-21418908;
24
hours Hong Kong hotline:852-27837818;
24
hours Hong Kong hotline:86-755-
36990589;
Email:
mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my