This is how innovation is promoted through intellectual property
The intellectual property (IP) is related to the creations of the intellect: inventions, literary and artistic works, symbols, names and images, among others. It is protected through patents, copyrights, trademarks and other mechanisms that allow authors to be recognized, thus, fostering an environment conducive to creativity and innovation.
In this sense, on July 8th, the Universidad de Guadalajara organized the webinar “Value of intellectual property for health and growth: the economic benefits of strengthening the innovation environment in Mexico”, with the participation of Andrew Jenner, CEO of INTERPAT; Tim Wilsdon, Vice President of Charles River Associates; Fernando Portugal, Director of Industrial Property at the Asociación Mexicana de Industrias de Investigación Farmacéutica, A.C. (AMIIF) and Juan Carlos Trujillo de Hart, Director of Operations and International Policy of FIFARMA.
During this event, a balance was made of the Mexican national perspective, as well as the regional and international one. Emphasizing, as Andrew Jenner indicated, that “the mission is that intellectual property continues to foster innovation”, demonstrating at the same time that all countries have opportunities for improvement in this topic.
Faced with the national balance, Tim Wilsdon stressed that, “in Mexico, progress is being made in terms of capacity and innovation and there are possibilities for improvement.” In this sense, Fernando Portugal affirmed that the State of Jalisco is widely related to intellectual property at the international level and an important aspect in this development has been the influence of tequila.
This, taking into account the progress achieved in Jalisco, where tequila is an original creation and its protection has been promoted, through the mechanisms offered by intellectual property.
Hence, this State has established itself as a benchmark in terms of IP both in Mexico and internationally, highlighted the director of industrial property of the AMIIF; emphasizing that, “The influence of Jalisco in terms of innovation and development is expected to permeate the rest of Mexico.”
Likewise, it is important to highlight the potential of other countries in the protection of IP; therefore, the CEO of INTERPART pointed out: “We are trying to show that all countries have the capacity to work in the Health Sciences ecosystems for their own benefit.”
Furthermore, a series of benefits were highlighted when Fernando Portugal assured that, “there is a connection between the innovation protected by intellectual property and the social welfare state”. This based on studies that support the relationship between the social benefit and the development of IP.
For his part, Juan Carlos Trujillo de Hart affirmed that IP has been positive in the diagnosis and management of the pandemic, as “it has allowed us to more effectively determine who has the virus.” Taking into account that the innovation promoted by the IP, promoted the collaboration to develop diagnostic tests and later vaccines against COVID-19.
Finally, the importance of IP for the pharmaceutical industry was reiterated, taking into account that “it promotes and encourages innovation and ensures that medications continue to be researched and developed”, as stated by Juan Carlos Trujillo de Hart.
Likewise, the role that Mexico has played and the potential it has to promote the ecosystem of innovation in the health sciences, through collaboration and IP, was highlighted with exemplary case of the State of Jalisco.
Therefore, the industry’s mission is to ensure that intellectual property continues to foster innovation and development in Mexico and other countries, for the benefit of all patients in the region.
“Value of Intellectual Property (IP) for Health and Growth: The Economic Benefits of Strengthening the Environment for Innovation in Mexico”
* The information contained in this document is a summary of the webinar that portraits the perspective of the experts and does not necessarily reflect the views, thoughts or opinions of FIFARMA or its members. Any content provided by our experts are of their opinion and are not intended to malign any religion, ethnic group, club, organization, company, individual or anyone or anything.