Intellectual property systems are created to incentivize and safeguard the rights of creators and inventors. More specifically, patent regimes that are in place across the world can help safeguard an invention for a limited period of time. Patents carry great relevance in the pharmaceutical industry by contributing u...Read More
In his paper titled ‘Navigating the patent thicket: Cross licenses, patent pools, and standard setting’, Carl Shapiro defines patent thickets as “a dense web of overlapping intellectual property rights %...Read More
After the completion of 30/31 months from the date of filing the local applications, the PCT application is eligible to enter the national or regional phase. Once the applicant has entered the national phase, the national or regional patent Offices concerned begin the process of determining whether they will grant you a patent. Any examination which these Offices may undertake should be made easier by the PCT internation...Read More
Microorganisms play a crucial role in leading several natural as well as industrial processes. Moreover, they form the backbone of numerous industries such as the pharmaceutical industry, baking goods industry, and brewing industry. In fact, the usage of microorganisms in the bakin...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 the value that IP holds as ...Read More
The pandemic has affected economies to a great extent, affecting businesses. Last month, a surge in the delta variant of the Covid-19 cases was seen in various Asian Countries. Some of the Asian countries such as Malaysia, Philippines have seen record numbers in terms of daily infection with Indonesia posting record numbers of 1.492 death in one day. Even after the successful hosting of the Summer Olympics recently in Japa...Read More
With the latest numbers on the floor, filing for IP protectionRead More
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
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