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WIPO’s new treaty
June 2 , 2024
28 days
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- The World Intellectual Property Organisation (WIPO) has approved the Treaty on Intellectual Property, Genetic Resources and Associated Traditional Knowledge (Treaty).
- The Treaty is primarily concerned with the inclusion of genetic material in patent applications that derive from the traditional knowledge of Indigenous Peoples.
- The Treaty defines ‘genetic material’ as any material of plant, animal, microbial or other origin containing functional units of heredity.
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