Beitrag, Englisch, 5 Seiten
Autor: Dr. Adem Koyuncu
Herausgeber / Co-Autor: Bart van Vooren, Peter Bogaert, et al. (Co-Autoren)
Erscheinungsdatum: 07.12.2016
Quelle: Covington & Burling LLP
Aufrufe gesamt: 383, letzte 30 Tage: 5
Global Enforcement of the Nagoya Protocol in Life Sciences Industries
Introduction
In October 2014, the Nagoya Protocol entered into force. It created a new international regulatory system affecting all life science companies that conduct R&D on biological material such as animals, seeds, flowers, viruses, fragrances, flavonoids, essential oils, enzymes, yeasts, and so on. So far, compliance by companies is progressing slowly due to unawareness of the regime and uncertainty over its requirements.
By January 2017, this new international agreement will be in force in 89 countries, including China, India, Mexico, Switzerland, South Africa, and the entire EU. Between December 4 and 17, 2016, the second "COP-MOP" takes place. At that meeting, the parties to the Nagoya Protocol are working to accelerate substantive implementation and enforcement of the rules.
This client alert provides an update on the rules enforcing the Nagoya Protocol adopted around the world. By focusing on a selection of national enforcement mechanisms, this alert provides a practical illustration (and reminder) of the need to assess whether R&D and product development pipelines are affected by these new rules.
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