On May 24, 2024, member states of the World Intellectual Property Organization (WIPO) approved a new WIPO Treaty on Intellectual Property, Genetic Resources and Associated Traditional Knowledge (the Treaty), marking the first WIPO Treaty to (a) address the interface between these areas; and (b) include provisions for Indigenous Peoples as well as local communities.
Once entered into force, the Treaty will establish the following new disclosure requirements for patent applicants with inventions based on (i) genetic resources; and/or (ii) associated traditional knowledge:
Under the Treaty, the term genetic resources is given the broad definition of “genetic material of actual or potential value”. In its press release, WIPO further elaborated on this term, explaining that genetic resources may be contained in “medicinal plants, agricultural crops, and animal breeds”. Similarly, the phrase source of traditional knowledge associated with genetic resources is broadly defined as “any source from which the applicant has obtained the traditional knowledge associated with genetic resources, such as scientific literature, publicly accessible databases, patent applications and patent publications.”
Following its approval, the Treaty is now open for signature by eligible parties. The act of signing the Treaty does not commit a country to being bound by its provisions but serves as a strong indication of intent by the signatory.
Summary By: Imtiaz Karamat
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