Bloomberg Law
Jan. 16, 2020, 4:26 AM

China Agrees to Tweaks on Drug Patents as Part of Trade Deal (1)

Susan Decker
Susan Decker
Bloomberg News
Mark Schoifet
Mark Schoifet
Bloomberg News

China agreed to set up a system to resolve conflicts over drug patents, a move that may help U.S. pharmaceutical companies seeking greater protections for their branded medicine in developing nations.

The changes, which take key provisions from an American law on the books for more than three decades, were included in the text of what U.S. and Chinese officials billed as the first phase of a broader trade pact. President Donald Trump held a signing ceremony for the deal at the White House Wednesday.

Read the full text of the agreement here

Under terms of the deal, patent disputes ...