Ki Yeon Nam1, Jeong In Park2*
1Professor of Law, Dankook University, Republic of Korea
2Research Professor, Department of Science and Technology Policy Convergence, Dankook University Graduate School, Republic of Korea
Correspondence to Park Jeong In, E-mail: meinpeace@naver.com
Volume 19, Number 3, Pages 21-40, September 2024.
Journal of Intellectual Property 2024;19(3):21-40. https://doi.org/10.34122/jip.2024.19.3.2
Received on July 15, 2024, Revised on August 12, 2024, Accepted on September 03, 2024, Published on September 30, 2024.
Copyright © 2024 Korea Institute of Intellectual Property.
This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives (https://creativecommons.org/licenses/by-nc-nd/4.0/) which permits use, distribution and reproduction in any medium, provided that the article is properly cited, the use is non-commercial and no modifications or adaptations are made.
The Republic of Korea is currently in a situation where reform is inevitable due to the cumulative deficit in medical insurance, and in an era where the aging population will reach 9.5 million in 2023, the prices of medicines that are most closely related to people’s lives are not unrelated to the patent system, and the “duration period of pharmaceutical patents” The “extension system” has a direct causal relationship with the national burden of the medical insurance system.
In this paper, we examine the current problems of the “pharmaceutical patent duration extension system” and suggest ways to improve the system as a change, while also proposing a system in the direction of protecting the interests of domestic pharmaceutical companies and maintaining the legal system at a global level.
Pharmaceutical patent term extension system, Aging population, Cumulative deficit in medical insurance, Drug price determination system, Patent law
No potential conflict of interest relevant to this article was reported.
The author received manuscript fees for this article from Korea Institute of Intellectual Property.