Thursday, 12 December 2013

Portugal's ethical code for compulsory arbitration of medicinal IP disputes

This is a corrected version of an earlier post.

From Baptista, Monteverde & Associados (Lisbon, Portugal) comes the following news:
The Law No. 62/2011 of December 12 established that disputes arising from industrial property rights related to reference medicines and generic medicines are subject to necessary arbitration, institutionalized or not.

Most of these ad hoc arbitrations adopted, at least partially, the regulation of the Commercial Arbitration Centre (CAC) of the Portuguese Chamber of Commerce.

The Board of Directors of the CAC of the Portuguese Chamber of Commerce and Industry has just approved a New Arbitration Regulation, a new Schedule of Fees and Administrative Charges and a Code of Ethics for Arbitrators.
Further details are available from the firm's website, here.

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