Issue compulsory licences for manufacture of Ramdesivir, CPI(M) tells govt.

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 protects drug, agri biz at RCEP

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

Share of tech patents on the rise in IP filings

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