Multinational companies will now find it very difficult to patent products made by using Indian traditional knowledge of science. The Indian government has digitized all traditional knowledge of medicine available in India and has shared it with the US President and United States patents office so that nobody benefits unduly by using Indian knowledge and files for patents on such products. "We call it traditional knowledge in a digital library," said Minister...

Even before the dust has settled on the controversial Copenhagen climate deal, India is set to take the lead in pushing for a single legally binding treaty for access to and benefit sharing of biological resources at the 10th Convention on Biological Diversity (CBD) to be held at Nagoya, Japan, in October. The CBD was one of the key agreements adopted at the 1992 Earth Summit in Rio de Janeiro....

Biopiracy in the field of medicine is on the rise with Europe and the US being granted 2,000 patents every year for drugs based on Indian traditional systems of medicine. These patents are being granted by the US Patent and Trademark Office (USPTP), the European Patent Office (EPO) and other overseas patent offices. This startling claim was made by forests and environment minister Jairam Ramesh on Monday. It is to reverse...

The head of the United Nations World Intellectual Property Organization (WIPO) today wrapped up a five-day visit to India, during which a major focus of discussions was protecting traditional knowledge, genetic resources and folklore. Director General Francis Gurry lauded India as a “pioneer” in dealing with questions related to these three issues, according to a news release issued by the Geneva-based agency. In particular, he highlighted the publicly available Traditional...

The current contraction in global economic growth offers an opportunity to re-assess what will foster economic resurgence.  The sustained growth of India’s IT sector is a further example of what can be achieved through strategic use of IP A strong commitment to strengthening its IP capacity will help India unleash the full potential of its people The Indian government has declared a decade of innovation, emphasising the importance of innovation...