CIPA moves to protect traditional medicine IP
Friday, July 26, 2024 | 1000 Views |
Heritage captured: Traditional medicine on display at the workshop on Wednesday
Through the IP and traditional medicine project, CIPA has identified 25 local traditional doctors who will be assisted in commercialising their products while maintaining control over their intellectual property.
The groundbreaking project aims to produce the first commercial projects by November, which will mark a significant milestone in the journey towards recognising and valuing the contributions of traditional healers.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...