4 Things To Know About China's Revised Patent Law

Law360 (November 5, 2020, 9:26 PM EST) -- China will create a system for drug patent disputes similar to the one in the U.S. Hatch-Waxman Act and allow for longer patent terms and higher damages under a revised law adopted last month. Here are the highlights of a measure experts say bolsters patent holders in China.

The new patent law was formally adopted by China's National People's Congress on Oct. 17 and will take effect on June 1, 2021. It implements several changes China had pledged to make under a trade deal with the U.S. that was signed in January.

While additional regulations will be issued in the coming...

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