Legal Aspect - 2 Hand Out
Legal Aspect - 2 Hand Out
Legal Aspect - 2 Hand Out
(IPR)
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Creativity
G. Bell G. Bell
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Intellectual property
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Intellect is property?
Documentation
Legal authorization by Govt.
Description
Ownership
Time duration
Fee
Commercial Value
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Why IPR is important?
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Forms of IPR
Patents
Trade Copy-
secrets Rights
Plant
Breeder
Rights IPR Trade-
mark
Int. Ind.
circuits Design
Geo-
graphical
Indication
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Patents
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Natco Pharma Bag’s licence to sell
Bayer’s Nexavar
• Nexavar- Bayer’s Patented Anticancer Product
• Reasonable Public criteria (Bayer can supply drug to only 2% of
cancer patients in INDIA)
• Reasonably Affordable
Particulars Status Cost of Royalty
Therapy paid
Bayer, Germany Patent Owner Rs. 2.8 lakh Negotiable
Natco, India Compulsory license Rs. 8880 6% of profit
• Drug was mfg. in Germany not in INDIA
• NATCO Share Rate increase by 6.17%
(12 Months highest increase)
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Copyright
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Copyright
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Trademark
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Geographial indication
Geographical Indication ?
Indication which identifies such goods (as agricultural goods, natural goods
or manufactured goods) as originating or manufactured or processed in
territory of the country or locality of the territory
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GEOGRAPHICAL INDICATIONS
– Initially right is granted for 10 yrs then can be extended by 5 yrs by making
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Designs
Baby Shoe
Shoe
Medal
Mobile
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Trade Secret
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Plant variety Protection
Singapore
Coconut
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Integrated Circuits
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Laws in India
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A Brief…
Patent – Patents are exclusive right for new and useful inventions e. g.
Dosage forms
Copyright- Right for creative, literary works and artistic works e.g.
Books, movies
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Thank you
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