IP filings increased 2.5% in 2023

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IP filings increased 2.5% in 2023
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The Intellectual Property Office of the Philippines reported a 2.5-percent increase in IP filings in 2023.

The top industries with filings for trademarks were pharmaceuticals, health and cosmetics with 19.1 percent share or 12,623 filings, followed by agricultural products and services at 17.4 percent and scientific research/information and communication technology at 13.8 percent. Utility models experienced the highest annual growth rate at 24 percent, with filings reaching 1,847. Resident filings, which accounted for 95 percent, jumped by 23 percent while non-resident filings grew by 37 percent.Industrial design applications also showed positive growth of 19.9 percent to 1,488 from 1,241, led by a 49-percent increase in resident filings.

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