Novartis's famed cancer drug, Glivec, will not get patent protection in India. The apex body on patent and trademark disputes, the Intellectual Property Appellate Board (IPAB), has ruled that the drug "lacks innovation" and the high price tag of Rs 120,000 per month per patient would be too high for the common man.
The IPR committee of the Britannia board was created in May 2006 to deal with all IPR matters. For the last one year, the committee has been working to resolve the issue of the use and registration of Tiger by Groupe Danone in several countries.
The other top officials who will accompany the US president are Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, National Security Advisor Robert O'Brien and Energy Secretary Dan Broulliette, the sources said.
'Whoever owns the best chip industry will be the Saudi Arabia of the era of data,' predicts Rajeev Srinivasan.
Existing trade deals, especially the 2009 pact with the Asean bloc, have been panned by the Centre for not boosting exports but flooding the domestic market with cheap imports. Subsequently, New Delhi has called for reviewing FTAs with Japan and South Korea. Going by that, a trade deal with the US is unlikely to be beneficial, say experts.
"More than 1.7 billion people in India and Africa do not have access to essential drugs... across the world, about 14 million people die due to infectious diseases and 10 million children die due to vaccine preventable diseases," K Satyanarayana, head of the Intellectual Property Rights Unit, Indian Council of Medical Research told PTI. The pharma industry, he said, should play vital role in making healthcare affordable.
The intellectual property rights battle between Britannia Industries and French dairy and beverages giant, Groupe Danone, is heading for an early breakthrough.
Swiss pharmaceutical giant Novartis is buoyant about growth prospects and further protection of intellectual property rights in India, despite the setback it suffered in the patent dispute for its cancer drug Glivec last year.
'Everywhere our younger computer professionals are in the forefront, defending our national interest in every forum and keeping our flag flying high.'
Perfetti has won the suit against Candico that was filed 9 years ago over the latter's trademark.
AvestaBiotherapeutic and Research (ABRPL) has signed a pact with Malaysian Biotechnology Corporation to develop biosimilar (similar biological products) products.
The skill base growth of Chinese IT professionals is also very limited and largely focussed on modern language skills such as J2EE.
The suit filed in federal court in New York City, which also names RJ Softwares, the Kolkata-based company owned by Rajat Agarwalla, 27, and Jayant Agarwalla, 22, seeks unspecified damages and a court order barring them from using the name 'Scrabulous' to refer to their game.
New Delhi-based e-learning company Educomp Solutions has worked on a novel business model under which it will invest over Rs 2,000 crore (Rs 20 billion) to "enable" setting up around 150 schools over the next four years.Under this model, Educomp will earn its return on investment by providing intellectual property (IP) for the schools through its Educomp School Management programme and leasing infrastructure through its subsidiary Educomp Infrastructure.
Pharmaceutical company, Lupin has sold certain patent applications and other related intellectual property for Perindopril (hypertension drug) for multiple countries to French firm Laboratories Servier for Rs 115.31 crore (Euro 20 million).
The announcement came amidst high tensions between the US and China.
The National Law School of India University, Bangalore, a premier Law University in India, invites application for admission for its Distance Education Programme on law for the Academic year 2008-09.
India's Copyright Act allows for a percentage of any secondary art sale to be paid to the original copyright holder.
The Blinken visit indicated that the Biden administration is still somewhat tentative about the specifics of its relations with India, observes Ambassador T P Sreenivasan, who has served multiple stints at India's embassy in Washington, DC.
Britannia executives were, however, non-committal on whether the company had initiated discussions to return the Little Hearts trademark and the right to use the product recipe back to Groupe Danone.
India needs to surpass from being a purely back office and software programming nation to a product nation, the newly appointed Minister of State for IT and Telecommunications Jyotiraditya Scindia said.
The Bioinformatics Institute of India invites applications for its Post Graduate Diploma Distance Learning programmes.
The PhRMA's observation is significant against the backdrop of Swiss pharma major Novartis AG's decision to relocate its R&D investments from India.
The denial of patent to Glivec was the first case of a multinational being denied patent protection for a drug that enjoys monopoly marketing rights in about 40 countries.
This was announced at the Indo-US Economic Cooperation conference held on Friday.
The breakthrough for Scrabulous came when it appeared on the social networking site. Now it claims more than 600,000 daily users, making it one of Facebook's most popular applications.
Even as conflicts between rival brands increase in India, industry experts find the trend encouraging.
In the era of technology-driven crime, when stolen money and intellectual property can be digitally transmitted in seconds, corporates are often handicapped while investigating frauds that occur in other countries, says a survey.
The government has notified new rules to enforce Intellectual Property Rights at the imports stage. The notifications prohibiting import or export of goods that infringe on IPR have also been issued.
Even as a court case rages over the alleged intellectual property infringement, Chennai-based TVS Motor on Thursday launched its new 125-cc motorcycle, Flame, which rival Bajaj Auto says is based on its patented twin spark plug technology.
This is a high-stakes strategic conflict between a power which wants to preserve the status quo in its favour and one which wants to usurp that throne. The rest is all theatre, says Harsh V Pant.
Deputy US Attorney General Jeffrey Rosen on Wednesday announced that three indictments have been unsealed in the matter that collectively charge five Chinese nationals with computer hacking and charge two Malaysian nationals with helping some of those hackers target victims and sell the fruits of their crime.
In a development that could hasten the entry of the generic version of Gleevec into the US market, Indian drug major Sun Pharma has sued Novartis Pharmaceuticals Corp in the District Court of New Jersey, demanding rights to launch a generic version of the cancer drug before the Novartis patent expires.
Wipro Technologies, which runs the global IT business of the IT-to-soaps conglomerate, is looking to increase its business from Japan and the Asia-Pacific (APAC) region. It sees a strong demand for intellectual property (IP) in areas such as semiconductors, System on Chip (SoC) and Radio Frequency Integrated Circuit (RFIC) design coming from Japan and the APAC region, which is emerging as the new growth engine of the world.
"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.
Wipro Technologies, the global IT services division of Wipro Limited, signed a licensing and advanced development deal to jointly develop an advanced mobile and remote workforce management system.
Rakesh Jhunjhunwala-backed Nazara Technologies is all set to hit the primary market with its Rs 583-crore IPO on Wednesday. The diversified and online gaming firm's three-day issue will run through March 17-19 and will be entirely an offer for sale (OFS). While 5.29 million equity shares will be offloaded via OFS by some of the shareholders, Rakesh Jhunjhunwala, who owns 3.29 million shares or 11.51 per cent stake in the company as of September 30, 2020, has decided to hold on to his stake. The issue has a price band of Rs 1,100-1,101 and will be available in lots of 13 shares and multiples thereof.
Francis Gurry is expected to be the new head of the World Intellectual Property Organization. Gurry, who is now a deputy director-general at WIPO from Australia, is understood to have won a nail-biting election on Tuesday to replace the agency's controversial head, Kamil Idris.
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