IPOPHL joins historic adoption of WIPO Treaty on IP, Genetic Resources and Associated Traditional Knowledge

The Intellectual Property Office of the Philippines (IPOPHL) and 193 Member States of the World Intellectual Property Organization (WIPO) made history on May 24, 2024, after achieving consensus to adopt a groundbreaking treaty on intellectual property (IP), genetic resources (GR) and traditional knowledge associated with genetic resources (ATK), capping about 25 years of negotiations and ushering in a new and more inclusive global patent system.