The market is filled with technological inventions and with more competition; the value of IP has been on the rise. This increased value substantiates the reason for having effective strategic IP management. Primarily, now going into the perspective of Strategic IP management, various key factors can be found which dictate the manageme...Read More

The Standing Committee of the National People’s Congress in China introduced stricter punishment for IP infringement leading to up to maximum prison terms of seven to ten years, creating more significant criminal penalties. Concerning implanting gene-edited and cloned human embryos into humans and animals, the new Article 336(1) of the criminal law creates penalties for the same attempting to stop intellectual property theft.%3...Read More

Russia’s Supreme Court rejected US Company Gilead Sciences lawsuit challenging the Russian government’s decision for development and marketing anti-covid-19 drug Remdesivir with the consent of Gilead.  Pharmasyntez, a Russian drugmaker has been granted a compulsory license by the Russian government to manufacture the drug under various names without Gilead’s consent....Read More

India, along with eight other countries has been placed in the Priority Watch List for IP protection and enforcement by the United States. The countries are Argentina, Chile, China, Indonesia, Russia, Saudi Arabia, Ukraine, and Venezuela.Special 301 Report and India The Spe...Read More

Ending the legal battle in Germany, carmaker Daimler has agreed to pay royalties fees to Nokia for using its patent. This marks the end of the legal battle between the technologies and car companies over the payment of royalties. Through licensing revenues, Nokia earns $1.7 billion each year. These royalties come from the usage of navigation systems, vehicle commu...Read More

A patent infringement suit has been filed by Panacea Biotech Limited before the Delhi High Court for restraining Sanofi Healthcare India Pvt. Ltd. from marketing Hexavalent vaccine which will infringe Panacea’s patent for its fully liquid Whole-Cell Pertussis based fully liquid Hexavalent Vaccine, EasySix. The fight between Sanofi and Panacea has ...Read More

The patent waiver proposed by India and South Africa and supported by various other countries has been revised proposing the temporary waiver to be for at least three years. This revision comes amid the uncertainty regarding the effectiveness of the vaccine for children and against new variants and was aimed to narrow down the scope of the waiver.  Making it â%8...Read More

The United States Patent Office issues a patent for a wearable artificial kidney to Nephrologists Victor Gura, MD, Chairman and Chief Scientific Officer of Wearable Artificial Organs Inc. The clinical trial is expected to start this year to test the third-generation device. The Patentee Gura is an associate clinical professor of medicine at the Geffen S...Read More

Xiaomi, a Chinese multinational electronic company has been granted a patent for its under-screen flip camera. The company headquarters in Beijing is a major electronic company that works in the industry of Smartphone mobile apps, laptop home appliances, bags, shoes, consumer electronics. Xiaomi undoubtedly has a major consumer base in the electronic market with having developed the mobile system-on-chip capabilities after Apple, Samsung, ...Read More

Singapore unveiled its IP Strategy 2030 (SIPS 2030) recently on World IP Day making its way towards solidifying its position in the global IP arena. Singapore has been a leading IP hub in the Asia Pacific. SIPS 2030 aims to strengthen Singapore’s economic growth with a strong blueprint of innovation and IP for the next 10 years. This strategy aims at keeping the country’s position as a top-ranked IP regime becoming the global hub for...Read More

With the highly developed economy in the world, Japan sets itself apart as the global center of a technologically advanced country. As per the data released by IMF and World Bank, Japan is the third-largest economy in the world by nominal GDP and fourth-largest in terms of purchasing power parity. It’s the world’s second-largest developed economy. With such huge economic power, Japan also plays a leading role in the organization su...Read More

With the incoming of Intellectual Property Amendment (Productivity Commission Response Part 2 and other measures) Act 2020, it provides multiple amendments to the Design Act 2003, Patents Act 1990, and the Trade Marks Act 1995 to phase out the innovation patent system. Due to the act, the applicant will no longer be permitted to file the innovation patent application%3...Read More

Patents provide the proprietor the right to effectively monetize the invention and have the monopoly of the same. With such utmost importance, the various companies are seeking patent protection in those fields where it taking patent protection was never thought of. One such industry is the video games industry. If we talk about the UK, the video game i...Read More

For a business, the development of IP is an important part but more important is the efficient management of IP in the business. The business considers the IP as a strong asset for it and hence it is imperative to have a strong strategic portion for the IP to maximize the profit-making part. In the field of Healthcare and its greater reliance on the aspects of AI and innovation, it is necessary that there needs to be a strong strategy part and a wid...Read More

For a long time, the storage and retrieval of documents were time-consuming affairs for lawyers and caused productivity issues for a long time. Thankfully, Legal Document Management System is there to enable a smooth legal practice by tracking, managing, and storing documents with the help of metadata and tagging. It is not unfair to say that ...Read More