Turmeric Latte is experiencing a wide following and has attained a cult status in the market abroad. From Sydney to San Francisco, cafes and restaurants are adding turmeric latte to their menus and the rising popularity of the same is reflected in the gradual loss of sales of different coffee lattes.The Guardian analyzing the market demand has given Turmeric Latte a title - ‘2016’s drink of choice’. Google, too in its report of November 2015 to January 2016 has mentioned…
India approved its first ever Intellectual Property Rights (IPR) policy with a vision to stimulate creativity and innovation and to promote advancement in science and technology, arts and culture, traditional knowledge and biodiversity resources.
The policy lays out seven broad objectives and they are as follows:
Awareness: outreach and promotion;
Generation of IPRs;
Legal and legislative framework;
Administration and management;
Commercialization of IPR;
Enforcement and adjudication; and
Human capital development.
This article considers various…
The post below gives statistical information about the progress made by India with respect to Pharmaceutical Patents.
The Indian Patents Act amendment of 2005 ushered in a new atmosphere for the Pharmaceutical industry in the country. The amending act of 2005 made the Patents Act, 1970 substantially compliant to the TRIPS agreement signed by India in 1995. This post seeks to provide a statistical analysis of “A Decade of Pharma Patents in India”.
The Pharmaceutical industry has perhaps been one…
Council of Scientific and Industrial Research (CSIR) armed with the Traditional Knowledge Digital Library (TKDL) appears to be on a rampage like an unstoppable juggernaut, successfully foiling bid after bid, made by companies seeking to patent traditional knowledge. Few weeks ago, the media was abuzz with news that CSIR had successfully foiled a bid by Colgate-Palmolive to patent a Mouthwash formula containing “nutmeg”. This successful thwarting of the patent was soon followed by another victory when India foiled UK's Bid…