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PATENTING MEDICAL PROCEDURES: A GLOBAL DILEMMA

Intepat

INTRODUCTION Patent legislation offers legal safeguarding for novel inventions once they have been patented by their creators. A patent , essentially a temporary monopoly, is bestowed upon the owner in exchange for disclosing the invention to the public. This system benefits both society and the inventor.

Patent 52
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Natco vs. Bayer: India’s Bold Move on Compulsory Licensing and the Backlash from Foreign Nations

Intepat

Introduction The debate surrounding the compulsory licensing process has gained prominence globally concerning the pharmaceutical industry, where the rise of prices of drugs has limited the scope of accessing rights to health, especially in developing countries. Natco Pharma Ltd. It was a drug used in the treatment of liver and kidney cancer.

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Federal Circuit Weighs in on Temporal Rigidity of the Baye-Dole Act’s Licensing Provisions

Intellectual Property Law Blog

United States , [1] the Federal Circuit rejected a strict temporal limitation on when the Government’s license rights in patents stemming from federally funded research is triggered under the Bayh-Dole Act. The funding agency obtains a license to “subject inventions,” which is defined as “any invention. . . 35 U.S.C. §

Licensing 130
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How to Successfully License Consumer Products | IPWatchdog Unleashed

IP Watchdog

If you are an inventor of a consumer product there are reputable companies looking for inventions and ideas to bring to market, and their business model is built on taking products to market over and over again, and they are in constant need of new products and improvements.

Licensing 122
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Compulsory licensing for expensive medicines: KCE report

SpicyIP

The Belgian Health Care Knowledge Centre (KCE) recently released an interesting report titled ‘Compulsory licensing for expensive medicines’. Ordinarily, patentees voluntarily decide whether or not and on what conditions to grant licenses to third parties. Failing which, a compulsory license can be issued. Natco Pharma Ltd.

Licensing 119
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Thomas Edison and the Consumer Welfare Benefits of Patent Enforcement

IP Watchdog

Would you believe the following scenario could happen under our patent system? Commanding 50% market share in unit sales of the patented product, the patent holder prevails in patent infringement suits obtaining court injunctions against all major rivals and maintaining a strict no-licensing policy.

Inventor 123
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IP Look-Ahead for 2022: Fewer Big Patent Wins, More Efficient Monetization

IP Close Up

In the decade since the adoption of the America Invents Act (AIA) patent licensing has become more arduous for many technology companies and independent inventors. Continue reading.

Inventor 118