In its ongoing efforts to advance the patent protection scene in the country, Saudi Arabia recently ratified the Budapest Treaty on the International Recognition of the Deposit of Microorganisms for the Purposes of Patent Procedure. With the Treaty in force, the deposit of a microorganism with an International Depositary Authority (IDA) will satisfy the deposit requirements of the national patent law in Saudi Arabia.
A key advantage of this update is that the Saudi Authority for Intellectual Property (SAIP) can rely on the Treaty’s uniform standards to assure effective deposit and public availability via the IDAs. This means that there is no longer a need for Saudi Arabia to independently establish a local recognized depositary to meet national patentability disclosure requirements, which also benefits applicants when filing their patent applications with SAIP by using a single authority for deposit.
Should you have any questions, or require any additional information, please contact us at news@sabaip.com