New government to accelerate patent registration in Brazil

The vice-president of the new Brazilian government, Geraldo Alckmin, revealed that the new administration's goal is to reduce to less than half the time to register patents at the National Institute of Industrial Property (INPI).

The information, which AgroPages had first-hand access to, was passed on by the Brazilian vice-president to the global CEO of the multinational agrochemical company Bayer, Werner Baumann.

Left: Geraldo Alckmin, Vice President of Brazil    Right: CEO of Bayer

Geraldo Alckmin spoke with Baumann at the beginning of January 2023, and he will also accumulate the post of Minister of Development, Industry, and Commerce (MDIC) of the new government of Brazil.

In the conversation with Baumann, the Brazilian vice president admitted that registering a patent takes, on average, four years in Brazil.

According to the new MDIC minister, the new Brazilian government, headed by Luiz Inácio Lula da Silva, considers the acceleration of the bureaucratic process to be ″fundamental″.

Júlio Cesar Moreira, an interim president, currently heads the INPI.

Relegated to a secondary role in the previous government of Jair Bolsonaro, the INPI was included by the Brazilian National Confederation of Industry (CNI) among the priorities for the first 100 days of government handed over to Geraldo Alckmin.

The proposal is for the INPI to gain financial autonomy to modernize its procedures, based on international standards and best practices.

Werner Baumann told the Brazilian vice president that, with the change of government, Bayer wants to have more active participation in the preservation of the Amazon.

According to the executive, the company will make more investments in the Leaf coalition, which brings together initiatives from the private sector for environmental conservation.

(Editing by Leonardo Gottems, reporter for AgroPages)