Bajaj Healthcare Files Compulsory License with Indian Patent Office for Baricitinib
Recently, drug manufacturer, Bajaj Healthcare Limited issued a press release stating that they have filed a compulsory license application with the Indian Patent Office seeking permission to manufacture both active pharmaceutical ingredients (raw materials) and formulation of Baricitinib under the Indian Patents Act. Baricitinib is essentially a drug approved in the US and European Union, for the […]
Access to Medical Resources During Covid-19 and the Intellectual Property Rights Regime
The second wave of the Covid-19 pandemic in India has caused a catastrophic impact, leading to the deaths of thousands of people. The devastating consequences of the pandemic were aggravated due to the lack of medical facilities and health care resources. Despite India being one of the largest manufacturers of vaccines in the world, it […]
Concept Of Compulsory Licensing Under The Patents Act
An inventor is allotted with the patent right in exchange for disclosing its invention. Apart from the inventor of that patent, the public is being benefited most. Therefore it must be taken into consideration that the invention is made surely available to the public. But there seems to a danger of misuse of such monopolistic […]
Patents and Public Health
Introduction Patents and public health is the most relevant topic of discussion when the whole world is fighting against the global pandemic, Covid-19. It is no doubt that granting patent protection to a drug is important and serves many purposes, but can we put the lives of millions of people at stake in this time […]
Compulsory Licensing Under The Patents Act
Under the pre-2004 provisions of the Patents Act, section 55 of the Patents Act provided that an application may be made to court for the grant of a license after 3 years from the date of the grant of a patent, or 4 years from the date of filing of the patent application, whichever is […]
Patent Licensing In Singapore
Intellectual property rights (IPR) have come to be a crucial asset in improving businesses in today’s global economy. They’re pivotal with regard to the success of small and medium-sized enterprises (SME) by way of providing a safeguard to their innovations and generating income. One such vital source of income is licensing and assignment of IPR, wherein the […]
Patent License Agreement
A patent license agreement is an arranged understanding between a patent holder and a licensee. When the parties have arranged the particulars of an understanding, the parties enter into an agreement where the patent holder (licensor) consents to permit the licensee to utilize, make, sell, or import the protected development to the US in return for a […]
Israel Issuing Compulsory License During The Time Of Covid 19 Pandemic
COVID-19 Severe Acute Respiratory Syndrome Coronavirus-2 (SARS-CoV-2) is the name given to the 2019 novel coronavirus. COVID-19 (Corona Virus Disease 2019) is the name given to the disease related to the virus. COVID 19 is a new sort of virus belonging to the family of corona viruses, that has not been previously identified in humans. COVID 19 was first identified in China in […]
Licensing V. Assignment
Indian law provides intellectual property protection in the form of copyright to the creators of original works of authorship such as literary works (including computer programs, compilations and tables including computer databases which may be stated in codes, words, schemes or even in any other form, including a machine-readable medium), musical, dramatic and artistic works, […]
Compulsory Licensing– A Double Edged Sword
Licensing of a protected innovation or property implies permission or authority granted by the inventor or the protection holder to a third party to make use of their invention on pre-established terms. There can be a number of reasons for which a patent holder will opt to license their invention, for instance, in case the […]