Mainstream Generic Drugs Become Stumbling Blocks for Drug Innovation: A Deepdive into China’s Patent Trends
A decade earlier, China was considered this country that lacked patent protection but fast forward to present times, it has improved substantially with nearly 59 million patent applications under Patent Cooperation Treaty (PCT) in 2019. This has not only surpassed the number of patents applied in the United States but has also become the highest around the globe.
Medical Patent Trends in China vs. the World