Patent of the one of the most blockbuster drug in the market – LIPITOR has expired. Patent was held by Pfizer which held the market exclusivity and earned great revenues at an average of $ 11 billion with last year sales staggering at $ 13 billion. Lipitor almost amounted for one sixth of the [...]
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) suggested establishment of National Intellectual Property Rights Strategy Authority to Department of Industrial Policy and Promotion (DIPP). ASSOCHAM asked for it due to fast changing trade environment driven by global competition, innovation risks, short product cycle, and rapid changes in technology involving huge investments [...]
A Canadian patent has been revoked in Canada after it was invalidated by the Supreme Court of Canada. The Viagra patent belonged to Pfizer Canada Inc. The court ruled that at the time of filing the applicant knew that Sildenafil was the main compound which helped patients with erectile dysfunction but Pfizer chose not [...]
In a public notice (CG/Public Notice/TMR/2012-13/74) issued by the patent office of India dated 6/7th November, 2012; patent office have stated that they are going to organize a special drive for disposable of opposition and rectification matters. Patent office said that many oppositions which were filed against registration of trademarks have been withdrawn by [...]
Indian patent office have issued some new guidelines for processing patent related to traditional knowledge (TK) and biological materials (BM). It has been done by the patent office in wake of revocation of Avesthagen patent. Patent office said that Indian patent offices are not taking TKDL seriously whereas other international patent offices are processing [...]
I guess wait for all Patent Agent Examination Aspirants is over. Department of Industrial Policy and Promotion (DIPP), Ministry of commerce and industry has published notification for amendment in Patent Rule 2003. In the Patent Rules, 2003, in rule 110,- (a) in sub-rule (2), against the paper relating to Viva voce, for the figures [...]
