Intellectual Property Committee Announcement of IP PACT: (IP Principles for Advancing Cures and Therapies)
On World Intellectual Property Day, April 26, 2021, research-based pharmaceutical companies and industry associations announced "IP PACT: IP Principles for Advancing Cures and Therapies". The Pharmaceutical Cooperative endorses the 10 principles of IP PACT to guide the pharmaceutical industry's approach to intellectual property, an approach rooted in our mission to make a difference in patients' lives. IP has been a cornerstone of the evolving research ecosystem, serving as the foundation for finding solutions to pressing healthcare needs, including the COVID-19 pandemic. commitment to using the intellectual property system in ways that bring value to patients and society.