The Indian economy depends on innovation as well as entrepreneurship and technological advancements to achieve its rapid growth. The evolving business environment depends significantly on patents which protect intellectual property (IP) and support invention-based industries including pharmaceuticals together with software and biotechnology and manufacturing production. Through the Patents Act...Read More
The World Intellectual Property Indicator Report, 2024 shows the 15.4 % growth in patent application in year 2023. It marks countries increasing role of a global innovation hub. With this the Indian MedTech market has been projected to reach US $ 50 billion by 2030 due to rapid growth in biom...Read More
A patent protects an invention by allowing its inventor, or the groups who own the patent control over who may use the patent. It protects inventions that are non-obvious, useful, and novel. This includes a broad spectrum of inventions such as Technological Inventions, Chemical Compositions, Biotechnological Innovations, and Design and Plant Patents. In India, patents are generally val...Read More
The aim of this research paper is to analyse the controversies surrounding Section 3 (k) of the Indian Patent Act, 1970Read More
The Novartis v. Union of India case epitomizes the delicate balance between patent protection and public health in the pharmaceutical sector. This landmark ruling in 2013 pivoted on the interpretation of Section 3(d) of the Indian Patent Act, underscoring the significance of enhanced drug efficac...Read More
A patent is an exclusive (practically monopoly) right granted by the Patent Office to an inventor to commercialize his creation for a set amount of time while still being subject to the terms of the Read More
A patent is an exclusive right granted for an invention, which is often a product or process that offers a novel approach to a problem or new technical remedy. By giving innovators exclusive rights to their ideas, patent laws are intended to motivate them to contribute more to their respective fields. A patent is...Read More
With Digital advancement and the introduction of new technologies, the possibility of producing and disseminating copies has also increased. To solve this issue companies tend to file Patents, Copyright, and Trademarks; And one of the biggest markets for IP is in South Korea. South Korea Holds the 5th position...Read More