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Vincent, Lavina
- Pharmaceutical Patenting Trends on Drugs and Lifestyle Diseases:An Analysis of Indian and Global Status
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Authors
Affiliations
1 Intellectual Property and Technology Management Unit, Indian Council of Agricultural Research, New Delhi 110 012, IN
2 Institute Technology Management Unit, Central Marine Fisheries Research Institute, Ernakulam North PO, P. B. No. 1603, Cochin 682 018, IN
1 Intellectual Property and Technology Management Unit, Indian Council of Agricultural Research, New Delhi 110 012, IN
2 Institute Technology Management Unit, Central Marine Fisheries Research Institute, Ernakulam North PO, P. B. No. 1603, Cochin 682 018, IN
Source
Current Science, Vol 113, No 04 (2017), Pagination: 725-732Abstract
The Indian pharmaceutical sector is large and has the potential of a global leader for low-priced high-quality drugs. The new patent regulations had a strong impact on the drug industry in India. There is a serious decline in the number of pharma patents recently after compulsory licensing for drugs was implemented in India. While regulations are meant for reducing the prices of essential drugs, there are investment-related issues when a patent is subjected to voluntary licensing. The present study focuses on three phases in pharmaceutical patenting identified by analysing the major patent databases and the potential shift in pharma patenting sector from acute to lifestyle disease-based drugs. The recent trend identified in the pharma patenting sector in India is quite unusual and unreported so far.Keywords
Compulsory Licensing, Generic Drug Market, Indian Pharma Market, Lifestyle Diseases, Pharma Patenting Trends.Full Text
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