-The Hindu India’s IPR regime, never in the background, has come under sharp focus recently for a variety of reasons. It is ten years since India amended the Indian Patents Act, 1970 to bring its laws in line with the agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). The most important of those amendments related to the introduction of product patents for 20 years, including for pharmaceutical products. Significant safeguards were...
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These rancid rankings -Shamnad Basheer
-The Indian Express "If we did not have a patent system, it would be irresponsible, on the basis of our present knowledge of its economic consequences, to recommend instituting one." So said Fritz Machlup, a wise American economist several decades ago. His words remain as true now as they were then. For, the patent system is one of the most faulty legal regimes that one could possibly have conceived. It purports...
More »Govt may negotiate price of drugs before market entry -Sushmi Dey
-The Times of India NEW DELHI: The government may negotiate prices of patented medicines with their manufacturers before allowing pharmaceutical companies to launch them in India. The move, a first of its kind, is also likely to be applied on patented drugs that are already being sold in the country, an official source said. An inter-ministerial committee, evaluating the mechanism to negotiate prices of patented medicines, has recently sought detailed information about...
More »Rethinking IP think tank -Latha Jishnu
-Down to Earth Government sidelines its committee of experts to set up new panel to review India's intellectual property rights policy The politics of protecting intellectual property rights (IPR) is becoming more curiouswith the commerce ministry setting up a think tank to draft a national IPR policy while sidelining a committee of experts it had set up earlier. Annoyed academics who were asked to help formulate the policy in July this year...
More »More youth in India than rest of the world: UN report -Rukmini S
-The Hindu "Employers, education providers, and youth live in parallel universes" India has a larger proportion of youth population than the rest of the world, according to the United Nations Population Fund's (UNFPA) State of the World's Population Report, released on Tuesday said. "Today's record 1.8 billion young people present an enormous opportunity to transform the future," UNFPA Executive Director, Dr. Babatunde Osotimehim, said in a statement. "Young people are the Innovators, creators,...
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