"The homeopathy compound screened in vitro at NARI against HIV has been found to have a lot of potential in effectively killing the virus," Dr Ganguly told UNI. However, he refused to name the compound as there were Intellectual Property Rights issues involved. Moreover, there was a memorandum of understanding with the company which had given the compound, which is already being used in treatment of some other disease.
Fuelled by growing markets and a liberalised economy, the Indian biotech industry is set to witness an exponential growth with an estimated turnover of $4,500 million by 2010.
Wipro has entered into a definitive agreement to acquire Oki Techno Centre Singapore Pte Ltd (OTCS), a wholly-owned subsidiary of OKI Electric Industry Co Ltd.
It will take legal action against French food giant Group Danone, for nauthorised use of the Tiger biscuit brand in other countries.
The fight between TVS and Bajaj might remain out of court, but TVS Motor's stand spoke of the company's resolve infused by its chairman Venu Srinivasan.
Bajaj Auto's move to sue TVS comes two days after the Chennai-based company announced plans to roll out its latest 125 cc bike 'Flame' with Controlled Combustion Variable Timing Intelligent (CC-VTi) technology.
The government of Switzerland will not be taking up the allegation by Novartis that Indian patent law is incompatible with the Trade-Related Aspects of Intellectual Property Rights agreement at the dispute settlement board of the WTO.
Mahindra's LSV is an extremely agile combat vehicle with all round protection against small arms fire.
Cancun appears headed for a fiasco like Seattle with Tokyo World Trade Organisation mini-ministerial hitting roadblocks.
Under the current administration, political attitudes toward IP seem to have improved.
Pharmaceutical industry experts said the US move had come as a boon for the Indian drug exporters as the law could clear the alleged doubts on the quality and the genuineness of Indian pharmaceutical and raw material products.
Expressing concern over the growing menace of counterfeiting, various sectors of the industry demanded high priority to issues of Intellectual Property Rights and speedy trials and better conviction rate for the related offences.\n\n\n\n
Royalty terms with Danone for brand on the cards.
India could lose over $130 billion annually, if western countries were allowed to exploit and dilute ayurveda, one of the trusted age-old Indian medicine system, experts say.
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.
The domestic pharmaceutical industry and non-government organisations are up in arms against the first ever Indo-US tie-up on intellectual property rights
The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.
Come year 2005, a catastrophe is set to hit developing nations including India, experts warn, as the TRIPs agreement tightens its noose on the pharmaceutical sector and the governments retire to the role of an onlooker at the rising prices of drugs.
Financial Technologies India Ltd, the main promoter of India's largest commodity exchange MCX, on Thursday said it has acquired 90 per cent stake in a South Africa-based ICX Platform (Pty) Ltd for $1.5 million (about Rs 6 crore).Financial Technologies has acquired 90 per cent stake in ICX Platform (Pty) Ltd, a technology company situated at Johannesburg, South Africa, the firm said in a filing to the Bombay Stock Exchange.
While the innovators see data protection as an essential step to spur R&D, generics deem it as ploy to ensure monopoly by yet another name.
Concerned over attempts to monopolise its traditional knowledge, India on Tuesday asked the United States to tighten its Intellectual Property Rights regime and put in place proper disclosure norms for companies filing for patents.
The two firms have signed an advanced development deal that will provide BT with a novel automated resource management system.
The US-India CEO Forum has come out with a far-reaching reform agenda, including opening up of retail sector and raising FDI caps in insurance, banking, print media and broadcasting.
India on Wednesday maintained that its laws were compliant with the trade related intellectual property rights, dismissing the United States concern over New Delhi's "reluctance" to adopt TRIPS compliant patent law.
India rejects patent on Pfizer's arthritis drug
In a significant development, Asian economic giants India and China have decided to coordinate positions on contentious trade and investment issues like agriculture, Trade Related Intellectual Property Rights and public health and investment.
In 2013, Chinese counterfeit and pirated goods seized in the US accounted for a total value of $1.1 billion, representing 68 per cent of all such goods seizures by the Customs and Border Protection, the US Department of Homeland Security said on Monday in its annual report.
Federation of Indian Chambers of Commerce and Industry on Wednesday asked the US to restore the Generalised System of Preferences for Indian exports of chemicals and allied products.\n\n\n\n
The United States agreed with the nascent pharmaceutical industry in India that adequate protection of intellectual property rights would boost its ability to attract financing and safeguard new inventions, a senior State Department official said.
The warring promoters of FMCG major Britannia - the Wadias and the French dairy giant Danone - are looking at sorting out intellectual property rights issues
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