As the European Union (EU) faces unprecedented geopolitical, economic and health challenges, it has become increasingly necessary to identify key pillars that will support not only the economic recovery, but that also pave the way towards EU leadership on the global stage. We believe that intellectual property (IP) is one of these key pillars. A robust IP system based on strong IP rights (IPR) and appropriate enforcement drives European research, manufacturing, employment and innovation, and attracts capital to innovative and creative enterprises. In addition, IP-intensive industries create high-value, long-term jobs.
In order to further strengthen European IP protection, the American Chamber of Commerce to the European Union (AmCham EU) wishes to make the following recommendations:
1. Complete the Unitary Patents System;
2. Strengthen the enforcement of IPR;
3. Adapt the EU framework to an increasingly digital ecosystem; and
4. Modernise the EU design legislation.
Our full submission can be found within the included document. AmCham EU looks forward to continuing the dialogue with EU policymakers on the above elements of the IP Action Plan.
Roadmap on the Intellectual Property Action Plan
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Healthcare, competitiveness, innovation and simplification
Europe’s life sciences sector sits at the heart of the EU’s competitiveness agenda. It supports advanced manufacturing and helps bring new treatments and technologies to patients. Yet companies deciding where to invest need a regulatory environment that is predictable and open to global cooperation.
The European Commission’s work on the Biotech Act and the targeted revision of the Medical Devices and In Vitro Diagnostics Regulations (MDR/IVDR) offers an opportunity to improve that environment. Both files can help make Europe a stronger location for life sciences investment.
The EU should use this moment to build a framework that keeps pace with scientific progress. That means faster and clearer procedures. It also means better use of data and intellectual property rules that recognise the realities of global supply chains.
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Strengthening EU competitiveness through an adaptive MDR/IVDR framework
A global approach to strengthening Europe’s biotechnology ecosystem
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