Brazil deposits its letter of accession to the Budapest Treaty
Brazil adheres to the Budapest Treaty on the International Recognition of the Deposit of Microorganisms for Patent Purposes at the World Intellectual Property Organization (WIPO).
With the participation of the Brazilian National Institute of Industrial Property (INPI), Brazil Deposits Its Letter of Accession to the Budapest Treaty on the International Recognition of the Deposit of Microorganisms for Patent Purposes at the World Intellectual Property Organization (WIPO) in Geneva, Switzerland, on Monday, October 20. Currently, 91 countries are signatories to the Treaty, and Brazil will become the 92nd.
With this, the country takes another step in modernizing its intellectual property system and stimulating the development of national biotechnology.
By acceding to the treaty, Brazil will be able to designate national institutions to act as International Depositary Authorities (IDAs), that is, as repositories of biological material for patent applications.
This will reduce the costs of the biotechnology patent application process and logistical obstacles for national researchers and inventors who need to deposit samples of microorganisms to meet the descriptive sufficiency requirements stipulated in national legislation.
Accession to the Budapest Treaty is aligned with public policies to stimulate innovation, protect biodiversity, and promote scientific and technological development, constituting a milestone in the year that Brazil hosts COP-30. It also strengthens Brazil’s position as a reference in the conservation and sustainable use of genetic resources.
Rogerio Rovetta
Engineer. Telecommunications Engineer.