Indian pharmaceutical major Cipla has won a major victory against a German firm over a lung drug patent case. India’s Patent Office has revoked a patent on asthma drug, Spiriva (tiotropium bromide monohydrate) held by German major Boehringer Ingelheim following Cipla’s opposition. The patent was revoked on grounds that it lacks inventive step, fails to…
The US Trade Representative (USTR) in its ‘Out-of-Cycle Review of Notorious Markets’ report released on Thursday said that India has not taken any meaningful action against notorious markets where counterfeit products are openly sold. The report alleged that numerous markets in India have appeared in past lists, with no identified meaningful, effective response by the…
Intellectual property rights are new concepts of rights which are less known to people. Common people generally concentrate on other forms of rights which are bit traditional. This newer form is intangible and thus is people are unaware of it. The concept may be new to people but the law breakers have gone too far…
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