Question

Budapest Treaty

11 Jan 2021
Answer :
Word Count : 342

The Budapest Treaty on the International Recognition of the Deposit of Microorganisms for the Purposes of Patent Procedure, often referred to as the Budapest Treaty, is an international agreement designed to facilitate the acquisition of patents for inventions involving microorganisms. It was concluded on April 28, 1977, in Budapest, Hungary, and entered into force on August 9, 1980. The treaty was established to address the challenges faced by inventors and researchers when dealing with patent applications related to microorganisms.

Key features of the Budapest Treaty:

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