Patent Law May Hinder Access to Life-Saving Drugs in Developing Nations
Patent laws aim to balance making money and sharing technology. Countries worldwide are strengthening these laws to protect inventions. The TRIPS Agreement connects intellectual property rights with global trade, allowing countries to enforce these rights through trade sanctions. This can limit access to important technology, like life-saving drugs, in developing countries. Finding a balance between protecting patents and helping developing nations is crucial. By making changes to the current laws, more people in need can get access to vital medications.