According to data from global IP research and consultancy firm Sagacious IP, Intellectual Property(IP) regime in India is exploding with patent applications. Findings: Domestic and global companies in emerging technologies have filed over 80,000 applications in India between 2016 and 2020. Areas: Around 70% of all technology patents have been filed in areas ranging from Artificial Intelligence (AI), …
Context: After months of negotiations on the acceleration of COVID-19 vaccine production in developing countries, the U.S., the EU, India and South Africa have reached a consensus on key elements of a long-sought intellectual property waiver for COVID-19 vaccines. Background: The US and EU have shown its willingness to an IPR waiver for Covid-19 vaccines. …
Context: Intellectual Property rules governed by TRIPS agreement are hindering equal access to basic healthcare to fight covid. Quick and efficient vaccination is the most appropriate way to achieve global herd immunity against the virus. However, compliance with TRIPS agreement deprives developing and least developed countries of their right to access affordable medical products. Hence, countries like India and …
Background The Intellectual Property Appellate Board (IPAB) was established in 2003. It aimed to specifically deal with matters of intellectual property including copyright, trademarks, patents, and geographical indications. Further, since 2007 Novartis’ patent case, the IPAB has been authorized to hear and decide upon the appeals made by the Patent Controller under the Patents Act. Therefore, all pending appeals …
Abolition of Intellectual Property Appellate Board – UPSC GS3 Read More »
The Patent (Amendment) Rules, 2020 has diluted the disclosure format which could hamper the effectiveness of India’s compulsory licensing regime. Significance of Indian patent regime: India’s patent legislation grants an exclusive privilege of a 20-year patent monopoly to an inventor. India’s patent law imposes an obligation on the patentee to commercially work the invention in …
TRIPS Agreement & its Relationship with Indian Patent Law: The TRIPS agreement was negotiated in 1995 at the WTO. It requires all its signatory countries to enact domestic law. It guarantees minimum standards of IP protection. Such legal consistency enables innovators to monetise their intellectual property in multiple countries. In 2001, the WTO signed the Doha Declaration, which …
TRIPS Agreement & its Relationship with Indian Patent Law – UPSC GS3 Read More »
How do Patents help Universities? Patents help universities in the following ways: It helps them improve their ranking, establish an innovation ecosystem, incubate knowledge-based start-ups, earn additional revenue and measure research activity. UGC push to IPR: In its biggest push to create entrepreneurial universities, the University Grants Commission (UGC) has now asked all universities in …
Context: The Union Cabinet has approved India’s accession to WIPO Copyright Treaty, 1996 and WIPO Performers and Phonograms Treaty, 1996 which extends coverage of copyright to the internet and digital environment. The proposal was submitted by Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry. Key Facts The approval is step towards objective laid in National …
Context: In 2005, India made some remarkable amendments to the Indian Patents Act of 1970, to keep medicines affordable in the country. Since then we have faced a significant blowback not just from the global pharmaceutical industry but also from developed world including from the U.S. and the European Union. At the heart of the …
They streamline and simplify the processing of Trade Mark applications. The new rules were released by Union Ministry of Commerce & Industry and will replace the erstwhile Trade Mark Rules, 2002 What is new in these rules? Number of Trade Mark (TM) Forms have been reduced to 8 from 74. For the first time, the …