Conference on IPR in Pharmaceuticals: Balancing Innovation and Access by ASSOCHAM - Register to attend for free
The Indian patents (amendment) Act, 2005 introduced product patents in India and marked the beginning of a new patent regime aimed at protecting the intellectual property rights of patent holders. The amendment aimed to address issues like global competition, high innovation risks, short product cycle, need for rapid changes in technology, high investments in R&D, etc which are essential for changing trade environment in terms of production and marketing.