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COVID and the growing threat of counterfeit medicines
29th April 2021
Counterfeiting has always been one of the most serious and insidious threats faced by the pharmaceutical industry. Falsified or substandard drugs can cause significant damage in terms of consumer health, economic impact and public trust in healthcare systems, and this, therefore, represents a trend that must be opposed as strongly as possible.
Unfortunately, the events of 2020 have conspired to make this essential work more difficult than ever before. With the global COVID-19 pandemic still ongoing, a perfect storm of circumstances has arisen for counterfeiters to distribute their illegal goods, aided by worldwide supply chain disruptions, regulatory confusion and an urgent public need for medical products.
On April 29, 2021
International patent applications continued to grow even as the world plunged deep into the pandemic. Patent filings at the World Intellectual Property Office (WIPO) actually reached “the highest number ever” at 275,900 applications in 2020, an increase of 4% over the previous year. Even more remarkable given the estimated 3.5% contraction in global GDP.
Leading filers, the US and China, also showed a growth in patent applications as reported by the WIPO in March 2021. According to SeproTec’s Juan Julián León, since China has steadily risen up the ranks of the world’s top patent filers, taking over the No. 2 spot from Japan after 2016, “we have seen more organizations taking control of their patent translations not only in China, but globally, by centralizing their translation needs.”
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Samsung Files a Trademark for S-Foldable, a New Display for Foldable Devices Apr 29, 2021 04:29 EDT
Samsung is gearing up to reveal several foldable devices this year. We are already aware of the Galaxy Z Fold 3 and Galaxy Z Flip 3 allegedly going official in July, later this year. But aside from that, we also have a word that Samsung might be unveiling a foldable tablet called the Galaxy Z Fold Tab. To add more fuel to the fire, LetsGoDigital has spotted a trademark filing by Samsung for an S-Foldable display; this could potentially hint that Samsung has a new type of display in the works, but we are not sure about what that display could mean.