What are Patents? The term 'patent' literally means 'laying open' (to public scrutiny). It serves to provide the inventor an incentive to disclose the exclusive knowledge he possesses for the advancement of society in exchange for a limited period of exclusivity. A patent therefore is the exclusive and legal right to make, use or sell an invention or innovation (any product, process or improvement thereof that provides for a technical solution to a problem which …
showed first 75 words of 5141 total

showed last 75 words of 5141 total
…care of both conditions. Since the drugs will now be provided under the insurance cover the risk of them being channeled off will be eliminated. Also, the country will be able to enforce IPR laws more forcefully once the availability and pricing issues are resolved as a result of the proposed measures. Once again the onus is the people in positions of power, their personal code of ethics and their resolve to follow that code.