November 11, 2015

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

Generic Drugs and Various Issues Around Patent Law in India

January 10, 2015

The cost of drug depends on the expenditure of the research and procedures of approval. Every newly launched drug is thus very expensive to begin with. Patent regime protects their investments of resources. After the patent is over, the same drug can be copied by anybody and the costs reduce drastically. Such medicines are called