Bill C-47, “An Act to implement certain provisions of the budget tabled in Parliament on March 28, 2023,” aka “Budget Implementation Act, 2023, No. 1” is an omnibus bill that includes proposed amendments to the Patent Act to introduce patent term adjustment (PTA) to compensate the patentee for Patent Office delays in granting a patent. Our article, “A first look at Canada’s proposed patent term adjustment system,” discusses the proposed legislation, which is currently before the Standing Committee on Finance. If passed, the PTA provisions would apply to Canadian patent applications filed on or after December 1, 2020.
As explained in the article, and of particular interest to readers of Rx IP Update, Bill C-47 proposes that the term for a certificate of supplementary protection (CSP)—granted on a Canadian patent to account for delay in the regulatory approval process for medicines—would run concurrently with the term for the PTA, rather than starting at the end of the PTA term.
Should you have any questions, please do not hesitate to contact a member of the Life Sciences Regulatory & Compliance Group.
The preceding is intended as a timely update on Canadian intellectual property and technology law. The content is informational only and does not constitute legal or professional advice. To obtain such advice, please communicate with our offices directly.