• PH destroys P6.2-B counterfeit drugs, marking World IP Day

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    The Philippine government ceremonially destroyed counterfeit pharmaceutical products worth a total of P6.2 billion to mark this year’s World Intellectual Property Day at the Manila International Container Port on April 26.

    The Philippines, with support from the international community, is seeking its removal from the United States Trade Representative (USTR) “Special 301” Report, a watchlist of countries that do not comply with intellectual property rights laws.

    Last year, the law enforcement agencies under the National Committee on Intellectual Property Rights (NCIPR) also destroyed an estimated P7.8 billion worth of counterfeit products.

    The Intellectual Property Office of the Philippines (IPOPHL) and members of the National Committee on Intellectual Property Rights (NCIPR) have pledged steadfast commitment to attaining the status of a counterfeit-free Philippines and ultimately obtain an effective IPR protection and enforcement in the country.

    Initiatives being pursued include strengthening the visitorial and enforcement powers of the IPOPHL, as well as the judiciary, and enhancing public education and awareness of the crime and its prevention.

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