On December 6, 2013, Qatar deposited its instrument of accession to the Budapest Treaty on the International Recognition of the Deposit of Microorganisms for the Purposes of Patent Procedure. The Treaty will enter into force on March 6, 2014.
This step is a further attestation of Qatar’s dedication to IP protection as well as its commitment to becoming a regional and possibly a global leader in research and technology.
Advances in stem cell research and the development of genetically unique microorganisms, has led many companies from various industries, including pharmaceuticals, agriculture and others, to seek protection for these where a simple description is not enough. With this move, Qatar, a rapidly growing economy in the Near East, joins Bahrain, Morocco, Oman, Jordan and Tunisia from our region and becomes the 79th State party to the Treaty.
Should you have any questions, or require any additional information, please do not hesitate to contact us at info@sabaip.com.