Dr. David Torstensson spoke yesterday at the Mexican Senate and IMPI (the Mexican industrial property institute) event entitled: “First day for an original Mexico – promoting the culture of industrial property” (Primera Jornada por un México Original: Promoviendo la cultura de la propiedad industrial). With the aim of increasing awareness to the importance of IP protection to economic development, numerous representatives of public and private institutions analyzed the current state of the Mexican IP environment, with a particular focus on combating physical counterfeiting and piracy.
During the session, Dr. Torstensson presented a comprehensive analysis of Mexico’s competitiveness in the biotech sector – including clinical research, ag-bio and industrial biotech – as well as recent improvement and remaining challenges in Mexico’s national innovation policies. Mexico’s bioeconomy is growing steadily, with continued growth in FDIs directed into the biopharmaceutical sector, and a growing interest in industrial biotechnology, specifically biofuels and the development of clean energy. However, regulatory and legislative challenges remain, and the IP regime still hold considerable room for improvement, which could realize Mexico’s growth potential and boost its attractiveness and ability to compete in the highly-competitive global biotech arena.
Video is available here:
More information on the event, as well as its media coverage, can be found here: