What is the News? The Protection of Plant Varieties and Farmers Rights (PPV&FR) Authority has revoked a PVP (Plant Variety Protection) certificate granted to PepsiCo India Holding (PIH) on a potato variety (FL-2027) on multiple grounds. Note: PPV&FR is a statutory body set up under the Protection of Plant Varieties and Farmers’ Rights Act, 2001. … Continue reading India revokes PepsiCo’s potato patent
What is the News? The Union Government has introduced the Patents (Amendment) Rules, 2021. What are the key features of Patents (Amendment) Rules, 2021? Patent Fees for Educational Institutions Reduced Educational institutions engage in many research activities, where professors and teachers and students generate several new technologies which need to be patented for facilitating commercialization… Continue reading Patents (Amendment) Rules, 2021 Notified
Source: PIB What is the News? The Minister of Commerce and Industry has conferred the National Intellectual Property Awards 2020. About National Intellectual Property Awards: Given by: Office of Controller General of Patents, Designs and Trademarks(CGPDTM), Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry. Aim: To recognize and reward… Continue reading India records 572% growth in grant of Patents in last 7 years
Source: The Hindu What is the news? Recently, South Africa granted a patent to an Artificial Intelligence system named DABUS, for invention of “food containers based on fractal geometry”. The AI has designed interlocking food containers that are easy for robots to grasp. It should be noted that the UK’s Intellectual Property Office and the… Continue reading In a world first, South Africa grants patent to an artificial intelligence system
News: CPI(Marxist) has said that the government should issue compulsory licences for the manufacture of a generic version of Remdesivir, an antiviral drug being used to treat COVID-19 patients. Facts: Compulsory licensing(CL): It is a process where a government allows someone else to produce the patented product or process without the consent of the patent… Continue reading Issue compulsory licences for manufacture of Ramdesivir, CPI(M) tells govt.
India and other developing countries have succeeded in withdrawing the three harmful provisions concerning pharmaceuticals and agriculture which were part of the Regional Comprehensive Economic Partnership (RCEP) free trade agreement. The provisions were taken off the negotiating table after India argued against the provisions of patent term extensions and data exclusivity. These provisions would have… Continue reading India protects drug, agri biz at RCEP
According to a report by industry body Nasscom,India origin companies has filed over 4,600 patents in the US between 2015-2018.The majority of the patents were from the technology domain. A patent is a form of intellectual property.A patent gives its owner the right to exclude others from making,selling and importing an invention for a limited… Continue reading Share of tech patents on the rise in IP filings