IP Protection in Malaysia for the Medical Device and Healthcare Industries

insurance-1991276_1920In today’s blog post we are taking a closer look at IP protection in the medical device and healthcare industries in Malaysia. You will learn more about the importance of patents in medical device industry and the various patents that can be applied in Malaysia as well as about the importance of brand protection. 

As one of the main pillars of Malaysia’s economy, supported by numerous governmental initiatives, medical device and healthcare industry is growing fast in Malaysia, making the country one of the top destinations for medical tourism. Healthcare industry in Malaysia is expected to grow close to 30% per year up to 2020[1] and as Malaysian government is creating various incentives for foreign investments, this sector is expected to offer many promising business opportunities for European SMEs.

Malaysia has a large ageing population with rising disposable income and European SMEs can find business opportunities in many sectors including elderly care. As digitalization is still one of the challenges in Malaysia’s medical device and healthcare sector and since the government is encouraging the implementation of the E-Health Strategy, European high-tech solutions are much welcome in Malaysia. Furthermore, as Malaysia’s population is becoming increasingly affluent, consumers pay a lot of attention to wellness and disease preventions, meaning that there is growing market for medical devices that are used to self-monitor one’s health condition like blood glucose and pressure monitors[2].

European SMEs wishing to do business in Malaysia’s healthcare and medical device sector should pay attention to protecting their intellectual property rights, because even though Malaysia’s IP regulations have improved over the past years, counterfeiting and other IP violations are still commonplace in the country. At the same time, neglecting to protect IP rights can often quickly end European SMEs’ business endeavors in South-East Asia. Continue reading “IP Protection in Malaysia for the Medical Device and Healthcare Industries” »

IP Considerations for the Manufacturing Industry in South-East Asia

cool20080814_015In today’s blog post we are looking into how to protect IP in the manufacturing industry in South-East Asia, which is currently offering many opportunities for the European SMEs. You’ll learn more about patent protection and industrial design protection, but also about brand protection, as your brand is equally important to your patent. 

Manufacturing is one of the key drivers of growth in South-East Asia, with more and more South-East Asian countries winning manufacturers over from China due to lower labour costs, rising domestic consumption and improving infrastructure. Well-known brands such as Coca-Cola and Coach have so far established plants in Myanmar and Vietnam, leveraging on the cheap labour market and growing domestic demand in these countries. In Cambodia, the textiles and footwear manufacturing industry alone generates approximately EUR 5 billion annually for the economy.

In the coming years, it is expected that the manufacturing industry in South-East Asia will continue to stay strong and even expand further. The expansion of the working-age population in South-East Asia will help to boost the manufacturing sector of these countries and keep the labour costs low. The transfer of technology into South-East Asia over time will also serve to increase the efficiency of countries in this region. As such, South-East Asia offers vast opportunities for EU SMEs that are looking to expand their presence in the region. In so doing, however, EU SMEs should be aware of the intellectual property risks that they will face when operating in this region, with respect to the advanced technology that may be transferred to this region as part of the collaboration and joint venture with SME’s local partners.
Continue reading “IP Considerations for the Manufacturing Industry in South-East Asia” »

Intellectuele eigendom toetsing bij buitenlandse overnames in China

denver-business-law-firm-intellectual-propertyIn onze meest recente blog-post, vertelt externe China IPR SME Helpdesk expert Reinout van Malenstein, als Senior Counsel werkend bij HFG Law & Intellectual Property, u meer over intellectuele eigendom toetsing bij buitenlands overnames in China. Voor bedrijven die geïnteresseerd zijn in dit onderwerp zal deze blog u meer vertellen hoe de huidige beleiedsstrategie CM2025 intellectueel eigendom in China zal beïnvloeden, en hoe u daar als Nederlands bedrijf in China het best mee om kunt gaan. Deze blog is geschreven in het Nederlands en is eerder gepubliceerd op China2025.nl, het China crowdblog.

Behoud de Nederlandse innovatieve eredivisie op het wereldtoneel

Zoals de European Union Chamber of Commerce in China de laatste jaren meerdere malen heeft aangegeven, is het zeer lastig voor Europese bedrijven om Chinese bedrijven over te nemen, terwijl dit omgekeerd relatief gemakkelijk is. De regelgeving in Nederland en Europa is gemaakt als fair level playing field voor binnenlandse en buitenlandse bedrijven. Dat is natuurlijk heel fair en ideaal, maar het is belangrijk dat Nederland en Europa zich realiseren dat China een andere agenda heeft, en dat Chinese ondernemingen in bepaalde sectoren worden beschermd ten opzichte van buitenlandse ondernemingen op de Chinese markt.

China Manufacturing 2025

De bescherming van bepaalde markten en het doel om in bepaalde sectoren controle te verkrijgen over intellectuele eigendom blijkt duidelijk uit China Manufacturing 2025 (CM2025). CM2025 is door de Chinese overheid in 2015 ingevoerd als lange termijn strategie om China op het internationale toneel tot innovatieve speler te maken. In dit beleid verandert China van goedkoop land met betrekking tot het produceren van goederen in een innovatief land. Een strategie à la Apple: “made in China, designed in California“, maar dan in die zin dat de grote winsten van de intellectuele eigendom naar China gaan en niet naar buitenlandse bedrijven. Fijn voor China in dit beleid, is dat veel grote Chinese spelers op de markt staatsbedrijven zijn, en dus makkelijk kunnen inspelen op voorgeschoteld beleid van de overheid. Continue reading “Intellectuele eigendom toetsing bij buitenlandse overnames in China” »

IP Considerations in the Medical Device & Healthcare Industry in South-East Asia

the-device-1822457_1920In today’s blog post we are discussing how to best protect your IP in the medical device and healthcare sector in South-East Asia. You will learn more about patent protection, design protection and trade mark protection in this industry. Since medical device and healthcare industry is very R&D intensive, we are also discussing how to protect your IP while conducting R&D activities in South-East Asia.  

Rapid demographic changes and health reforms within South-East Asia are expected to create enormous demands in the health care market in the near future. Growth in average annual healthcare expenditure between 2014-18 is expected to be around 11% of GDP in ASEAN – but with highly varied rates among the countries: Vietnam with the highest at 6.6% and Myanmar with the lowest at 1.8%.[1] At the same time, amongst many South-East Asia countries, local pharmaceuticals are not well trusted, making way for foreign players with strong brands to establish significant market share in South-East Asia. This offers many promising business opportunities for the European SMEs engaged in medical device and healthcare industries, as European brands with high and positive brand recognition are expected to be favored by local governments and clinicians over their lesser-known competitors.

The healthcare industry in South-East Asia also serves a rapidly growing medical tourism industry which is expanding globally at a rate of about 25% and it is claimed that nearly a third of all medical tourists in the world receive medical attention in South-East Asia[2]. Furthermore, many South-East Asian countries like Thailand and Singapore aspire to become the medical and healthcare hubs in the region, offering various opportunities for the European SMEs.

Even though, IP laws and regulations have improved a lot in South-East Asia over the past five years, counterfeiting and other IP violations are still commonplace in the region. EU SMEs would therefore benefit from understanding the different intellectual property rights that are relevant to the medical device & healthcare industry and determine the effective way to protect their IP rights in South-East Asia. Continue reading “IP Considerations in the Medical Device & Healthcare Industry in South-East Asia” »

Software Protection in South-East Asia

close-up-2178341_1920In today’s blog post we are discussing how to protect your software IP rights in South-East Asia, where ICT and software sector has been booming in recent years, offering many promising opportunities to European SMEs. This article takes a closer look at the source code protection with copyrights, patent protection for software related inventions and discusses how to safely licence your software in South-East Asia. 

The Information Technology services and software sector in South-East Asia have been booming in recent years as South-East Asian nations continue to develop through many innovative technological solutions. In particular, South-East Asia is experiencing a rapid growth of Internet, digital and social media and mobile activities. With more than 320 million Internet users in 2017, increasing connectivity and therefore dependence on computer technology is to be expected in this region. This translates to growth in the software industry which leads to many promising opportunities for the European SMEs in the region, whose top-notch technology and know-how will be sought after.

Before entering South-East Asian markets, however, EU SMEs should be aware of the different IP rights and how they apply to the software industry, as well as the possible risk of IP infringement in these markets. This is increasingly important with many companies developing their own software, and software development being an ever-growing industry. European SMEs should thus have a comprehensive IP strategy in place when entering the promising markets of South-East Asia. Continue reading “Software Protection in South-East Asia” »