Book an appointment with us, or search the directory to find the right lawyer for you directly through the app.
Find out more
Deal by Design
Welcome to this edition of Law Update, focusing on the evolving M&A landscape across the MENA region. With deal activity and value continuing to grow, the region is seeing increased investor interest alongside a changing regulatory environment.
This edition explores key legal and market developments affecting M&A transactions, including regulatory reforms, foreign investment, governance, due diligence and deal structuring across the region.
The Saudi Food & Drug Authority (“SFDA”) has issued a new guidance document on the approach to dealing with patents when registering generic drugs with the SFDA.
Back in 2022, the SFDA issued for public consultation a draft “procedure to deal with patent when registering generic products in the SFDA”. SFDA’s goal is to raise the level of transparency in the procedures of the SFDA, promote trust int he procedures for dealing with patents related to pharmaceutical products, and facilitate the procedures for registering generic pharmaceuticals.
Now, in cooperation with the Saudi Authority for Intellectual Property (“SAIP”), the new guidance provides requirements for 1) generic companies wishing to register their products with the SFDA, and 2) innovator companies who claim that the generic company has violated their patents.
1: Requirements for Generic Companies When Seeking to Register Products Covered by an Innovator Patent
Of particular interest is that the generic company has the right to apply for the registration of a generic product of an innovative product, without submitting FTO letter, if the application is made within six months before the expiry of the patent, taking into consideration that the marketing of the generic product will not be allowed before patent expiration.
2. Actions Required by Innovator Companies
In terms of the innovator companies, they must submit a copy of the patent document issued by SAIP in the registration file for products submitted to SFDA.
If the patent document of the innovated product has not been issued at the time of submitting the registration file, the innovator company must submit such document to SFDA within (30) days from its date of issue. If the innovator company seeks to claim that the generic product infringes the patent of its product, the company may process their claims in the Commercial Court. If a final judgment is issued by the court in favor of the innovator company, then SFDA will comply with that judgment.
To learn more about our services and get the latest legal insights from across the Middle East and North Africa region, click on the link below.