Page-4 of intellectual property rights Current Affairs, GK & News

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 are a form of intellectual property.  An inventor can also appoint an assignee who acts ..

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India’s Ranking in GIPC Index 2015

GIPC Index-(Global Intellectual Property Centre) Index 2015- Unlimited Potential has ranked India second last among 30 world economies which make up for 80% of world’s GDP. The Index is based on 30 indicators, which can effectively measure the IP-health of an economy and help policy-makers to gauge the same. The GIPC Index-2015 It has drawn ..

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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 and monopolising their drugs by merely making physico-chemical changes in their patented drug formulae without ..

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The politics over IP regime

Much like the religion, Intellectual Property Rights (IPR) becomes a matter of faith which divide the world in two camps, one who approves it and the other disapproving. IP rights include several rights including Patenting. Patent and its relevance Patent is some sort of legal protection to the innovation validated in many parts of world ..

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