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25-01-02
Enforcement
of Patent Rights Against Exportation of Infringing Products
Under the current Patent Act,
acts of manufacturing, using, assigning, leasing, or importing a patented
product, or offering to assign or lease a patented product (including
displaying the product for the purpose of assignment or lease) are considered
as acts of working the patented invention.
The Patent Act will be revised to include "exporting"
as an act of working a patented invention. As a result, patent holders
will be able to seek remedies even against parties exporting infringing
products, including claims for injunctions, damages, and criminal liability for
patent infringement.
This revision is expected to provide broader protection for patent holders.
14-Year Cap on Extended Patent Term
for Pharmaceuticals and Limitation on the Number of Patents Eligible for PTE
Under the current Patent Act, there is no cap on the total remaining patent
term with a patent term extension (PTE) allowed for up to 5 years based on drug
marketing approval, and PTE is available for multiple patents based on a single
approval.
However, according to the revised Patent Act, (1) the total remaining patent
term with PTE based on marketing approval cannot exceed 14 years from the
approval date, and (2) the number of patents eligible for PTE based on a single
marketing approval is limited to one.
These changes align the approval-based PTE system in Korea with international
standards, such as those in the United States and Europe, and are expected to
facilitate the market entry of generic drugs.
The revised Patent Act will be promulgated in January 2025 and will take effect
six months after promulgation.