intellectual property rights in India

September 10, 2016

National Intellectual Property Rights (IPR) Policy 2016

In the second week of May 2016, the Union Cabinet has approved a new National Intellectual Rights Policy to outline the future roadmap for IPR in India. Vision Statement This policy has been released with a vision statement that envisages…

November 11, 2015

Patent Law in India

Patents refer to enforceable exclusive rights granted to the inventor in exchange for his/her making their invention public.  In India, an invention pertaining to a new product/process, involving an inventive step and capable of industrial application can be patented. Patents…

patent-act-wordle

Section 3 (d) of the Indian Patent Act

The section 3 (d) of the Indian Patent Act, which was introduced in 2005, states that, for a new form of an existing substance to be patentable, it should show an ‘enhanced efficacy’. This section prevents pharmaceutical companies from evergreening…

generic-drugs

Role of government and judiciary in Generic Drug Industry

Today, India is one of the leading players in the global generic drug market with Indian pharmaceutical companies ranked third in terms of volume of drugs sold globally. Though it has a modest 1-2% market share in global pharmaceutical market,…

November 21, 2014

India has biggest battlefield for IPR

A US lawmaker recently accused India of undermining intellectual property rights (IPR) of US pharma companies and of “rampant piracy and counterfeiting” by generic companies. These remarks were made in front of US Chamber of Commerce which released a report…