Research on the pharmaceutical intellectual property protection and supervision of pharmacy administration

The patent system plays an important role in the pharmaceutical industry. In this paper, the authors analyze the pharmaceutical intellectual property protection and supervision of pharmacy administration. The intellectual property rights of drugs shall be granted to the inventor in accordance with the law, however, the pharmaceutical industry is concerned with the public health and social welfare. Therefore, we focus on the analysis of patent compulsory licensing system in the protection of intellectual property rights. Through case studies, we can see that although many countries do not implement compulsory licensing system, but this system still can become the chip for all countries to obtain authorization or reduce drug price.