Welcome to our blog for Intellectual Property Law and Practice in Latin America!
¡Bienvenidos a nuestro blog de Derecho y Práctica de la Propiedad Intelectual en Latinoamérica!
Bem-vindo ao nosso blog sobre Direito e Prática de Propriedade Intelectual na América Latina!

Monday, 4 August 2008

Jeremy

Chile pharma buoyant, but IP lags behind

According to the latest Market Watch forecast, the Chilean pharmaceutical market has grown by a robust 14.8% in US dollar terms in 2008 and by 9.2% in local currency terms. The report, which is mainly upbeat, concludes on a depressing note for IP:

"Whatever the challenges facing the current government, Chile remains a relative oasis of clean governance, stability and economic openness and has ratified Free-Trade Agreement (FTA) with the US. Nonetheless, for the research-based pharmaceutical industry, the intellectual property (IP) environment remains deficient".

Jeremy

Jeremy