Intellectual Property is undoubtedly an important intangible asset to the company. IP asset strategies hold a prominent place in the business. The development of IP and especially patents requires a lot of time, effort, and money. This can be well apprehended by the time that is required for a patent to be granted. If a patent is granted for the invention, it ensures that no other person claims your invention as their property. Even if someone end...Read More

The relevance of Intellectual Property (IP) has increased around the world and is much evident with increasing technological intervention and more businesses getting into this field. Each IP constitutes an important part of the company’s assets which needs to be structured in a focused manner to provide maximum benefit to the company. Patents are, therefore, the most important asset for a company that plays a substantial role in its prof...Read More

Patent Cooperation Treaty? A patent plays an imperative role in protecting an invention by restricting any other entity except the inventor, patentee, or the assignee from commercially exploiting or duplicating the invention. Since patents are territorial, an inventor should file the patent in several countries to ensure its all-around prote...Read More

The culinary industry is one of the most lucrative industries in the world. The Indian food industry is estimated to be valued at around US dollar 1.3 billion and is growing at an expedited rate of 20 percent every year. In 2020, food in India’s retail sector was valued at around INR 61 lakh crore. According to a report by the Economic Research Service, the U.S Department of Agriculture, it has been enumerated that the top 50 food manufact...Read More

Climate change is a significant predicament that plagues the 21st century. In a broad sense, it can be defined as the alteration of temperature and climatic patterns of an area that is caused due to human activities that release greenhouse gases into the Earth’s atmosphere. Climate change is an issue that several international authorities have neglected for a very long period of time. Several international efforts have bee...Read More

Venus Remedies is a pharmaceutical conglomerate that is research-driven, with an outstanding global presence. Since the year 2004, Venus Remedies has played a pivotal role in research related to infectious diseases in India. The company is based out of Baddi in Himachal Pradesh and has a global presence in over 70 countries. Venus Remedies also manages a team of over a thousand healthcare professionals. The company is also widely known for manufact...Read More

With the recent ruling that Artificial Intelligence (AI) can be an inventor, the Australian Court has given a new dimension towards the rulings for the AI as an inventor. This was done in the recent case of Thaler v. Commissioner of Patents [2021] FCA 879, where the issue was the grant of a patent for an invention developed by AI. The Court ruled that the AI can be inventor adding onto the jurisprudence of already developing area.%3...Read More

The patent application can be filed in different countries through various procedures. Direct filing to the respective country where the applicant directly files separate patent applications at the same time in all of the countries in which patent is desired (for some countries, regional patents are available). Pari...Read More

Patent Pools: An overview Today, innovation is what drives the world. In a world that is brimming with innovation to make life increasingly comfortable for mankind, several companies may develop technologies that are similar to each other. Consequently, it would become impossible for one company to develop a particular technology without inf...Read More

As China is attracting more Multinational Corporation, the statistics for the first half of 2021 shows that China IP Office has granted more patents to foreign Multinational Corporation and even more trademark are registered by them. This was announced by Fuguang Heng, deputy head of the China National Intellectual Property Administration’s general office, in a news conference.%3...Read More

The ASEAN Patent Examination Co-operation (ASPEC) will now be accepting written opinions issued by any participating intellectual property office under the ASPEC. This came into force on June 15, 2021. Like that of other bilateral or multilateral agreements where one country accepts others’ final search and examination results from the IP office, similarly, ASPEC allows using of the search and examination fro...Read More

With the booming e-commerce industry, in the first move, e-commerce giant Amazon launched its Intellectual Property Accelerator (IP Accelerator) program in India. With more sellers, who themselves are the brand owners, on the website; this program will assist those sellers in providing any IP issues by connecting them with IP specialists and legal firms. As per the statement released,  These sellers, including small and medium...Read More

Cell Source Inc. announced that they have received two patents for their Veto Cell Technology, which has been issued by the United States Patent and Trademark Office (USPTO). The first patent is the “Veto Cells Generated from Memory T Cells” and the second patent is the “Method of Transplantation and Disease Treatment.”...Read More

With the age of globalization and an era of the global market, major companies offer those products and services which are viable around the world. But as per the principle of patent law is concerned, the validity of a patent is limited to the jurisdiction to which it has been applied. Therefore, there is no such concept of “international” patent in the world. For example, the patent granted by the United States Patent and Tradem...Read More

Singapore has become a major hub for IP-driven companies due to the suitable environment that it provides for the companies. Companies always look for a destination that has multiple benefits and has strong business environment. Singapore always fits in this domain and major industries and business seeks to establish their foot in Singapore capturing the market in the Asia-Pacific. Each business knows the importance of IP and th...Read More