Advantages of Patent Valuation
Patents are the core asset generator for various industries. Industries and companies earn a lot through licensing and assigning patents. The license and assignment of patents are common practices in the market which makes the licensor earn millions of royalties. With the rapid technology development and increasing users around the world, the trends of licensing […]
IP Audit: What is it all about?
Intellectual Property (IP) has been gaining prominence around the world. The major impact that IP is making in the market is unfathomable. Probably with the large trend of IP awareness the companies are becoming more and more diligent in strictly making safeguarding their IP to the fullest. Effective and timely registration of IPs is now […]
Understanding the Relevance of Market Research for Patents
Significance of market research: An overview Understanding market trends and business environments play a crucial role in the development and successfulness of a particular product or service. More specifically, market research that is conducted before filing a patent or after obtaining one may help an inventor scrutinize the market environment for a particular invention. This […]
ERS Genomics Licenses CRISPR-Cas9 patent and technology to Cellular Engineering Technologies
Recently, Dublin, Ireland-based biotechnology company, ERS Genomics Limited (“ERS”), has signed a nonexclusive license agreement with Iowa-based Cellular Engineering Technologies (“CET”) to grant access to its CRISPR-Cas9 patent portfolio. The financial terms of the agreement were not disclosed. ERS was formed to provide broad access to the foundational CRISPR/Cas9 intellectual property for use as a research platform. ERS […]
Role of Intellectual Property Rights in Micro, Small and Medium Enterprises (MSMEs)
Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in India’s economy. Today, the supply chain for products and services is largely dependent on MSMEs. As a result, MSMEs generate employment on an enormous scale while facilitating the modernization and industrialization of rural areas in India. Upon recognizing the cruciality of MSMEs 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 […]
Patent Inventorship under Indian Patent Act
The legal standard for inventorship is used to decide who can be identified as an inventor in a patent application. Inventorship is defined differently in different jurisdictions; in this blog, we’ll look at how it’s defined in Indian law. Who qualifies as an inventor? Under Indian law, an inventor is someone who has contributed to […]
LG Display Settles Dispute, Enters into Agreement with Solas OLED
A longstanding multi-jurisdictional patent dispute has finally been settled by the parties concerned. Solas OLED Ltd. (“Solas”), an Irish company that specializes in OLED technologies has settled its long patent dispute with LG and Sony. Some time back, Solas instituted patent infringement actions against major companies such as LG Electronics, LG Display, Sony Corporation (as […]
Patentability of Food Recipes and the Section 3(e) Challenge
Introduction Recently, the office of Controller General of Patents, Designs & Trade Marks granted a patent to a ragi walnut soup mix prepared by the 52-year old woman, Shubhangi Patil. In terms of preparation, it is similar to other ready-to-eat soup mixes available in the market but what makes it different from the rest is […]
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 […]