Three Reasons to Protect Intellectual Property

Encourages Innovation

Intellectual Property protection fosters new ideas and developments across all sectors, including healthcare.

Ensures Research

Protects investments in research, development, and innovation, ensuring safe and effective treatments for patients.

Improves Quality of Life

Promotes the development of more advanced and effective medications and therapies to treat diseases and conditions, enhancing people's quality of life.

ENTREPRENEURS

Have you ever wondered what the difference is between a patent and an industrial design? How to protect a photograph with copyright? Or why it's useful to have a protected designation of origin?

Find the most relevant information on intellectual property for entrepreneurs here. 

FREQUENT QUESTIONS

About Intellectual Property

FREQUENT QUESTIONS

About Intellectual Property

IP (Intellectual Property) encourages research, development, and innovation, driving economic growth and improving quality of life. (WIPO)

Innovation is the process of creating new solutions to address existing problems.

It is the driving force behind the progress of humanity, often found in research, creativity, and experimentation. Additionally, it is a key driver of economic and technological development that has made human life progressively better.WIPO)

IP is divided into two main branches: Industrial Property (which covers patents, trademarks, etc.) and Copyright (which protects literary and artistic works).WIPO)

IP encourages innovation in the pharmaceutical sector, enabling the development of treatments for complex diseases. This innovation improves patient quality of life and generates savings in the healthcare system.

Furthermore, Intellectual Property promotes the dissemination and transfer of knowledge. This is reflected, for example, in the requirement that patents must be published, creating the opportunity for others to leverage the knowledge built and innovate based on it.WIPO)

IP fosters innovation, supports economic development, and protects the rights of creators and inventors, ensuring fair compensation for their work.WIPO)

Meet the Winners of Latam Health Champions 2024

Latam Health Champions is a competition that rewards health innovations in Latin America.

The 2024 edition received 55 proposals, including fertility devices, sexual education tools, anesthesia monitors with AI, and 3D printing platforms for medications. These solutions reflect the transformative impact of Intellectual Property on health technology.

Cataract Reversal Formulation

Labcymo from Mexico

Labcymo presented an innovative non-surgical ophthalmic treatment for people with cataracts, applicable at any stage of the disease. This solution reduces costs and improves access to such treatments, making it more available to those suffering from cataracts.

Selectone & Daio

Selectivity from Argentina

Selectivity developed two revolutionary devices for fertility treatments. One device efficiently selects sperm without the need for a laboratory, while the other enables selection in any environment, opening new possibilities for fertility treatments.

GymSmile

Kit Smile from Colombia

GymSmile is an innovative solution in physiotherapy and rehabilitation for people with cerebral palsy and physical disabilities. This device represents a significant advance by facilitating mobility and improving the quality of life for patients.

Awards

The winners of Latam Health Champions participated in a mission to Washington and Boston, where they had the opportunity to explore innovation ecosystems and attend the launch of the Innovators Book at ITIF, with global exposure for their solutions. This experience allowed them to connect with industry leaders and amplify the impact of their projects in the region.

Download the "LATAM Health Champion Compendium"

Learn all about the more than 50 initiatives that were part of the 2024 edition of the competition. 

The Latam Health Champions 2025 call is now open!

If you have an innovative idea that could transform healthcare in Latin America, this is your chance. Follow FIFARMA and INNOS on social media to stay updated on key dates.

Intellectual Property Authorities

LATIN AMERICA

Argentina

National Institute of Industrial Property (INPI)

Brazil

National Institute of Industrial Property (INPI)

Chile

National Institute of Industrial Property (INAPI)

Colombia

Superintendence of Industry and Commerce (SIC)

Ecuador

National Service of Intellectual Rights (SENADI)

Mexico

Mexican Institute of Industrial Property (IMPI)

WIPO

World Intellectual Property Organization

Paraguay

National Directorate of Intellectual Property (DINAPI)

Peru

National Institute for the Defense of Competition and Protection of Intellectual Property (INDECOPI)

Uruguay

National Directorate of Industrial Property (DNPI)