Online edition of India's National Newspaper
Friday, Nov 25, 2005
Google



Tamil Nadu
News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts:
Classifieds | Employment | Obituary |

Tamil Nadu - Chennai Printer Friendly Page   Send this Article to a Friend

Go one step ahead of West, drug firms told

Special Correspondent

Indian businesses lack awareness of IP management, says expert

CHENNAI: Indian drug companies, which have in the past three decades acquired expertise in reengineering medicines developed in the West, should use the expertise in the present product patent regime in such a manner as to benefit themselves as well as the original innovator company, according to N.R. Subbaram, intellectual property consultant and former Controller of Patents.

This will be possible only if Indian companies develop alternative processes, which are better than the one employed by the company that holds the patent. If they do so, they can create an interest in the patentee of the drug to pay for obtaining a licence for the alternative process from the Indian company concerned, he said, inaugurating a seminar on IPR issues, organised by the Southern India Chamber of Commerce and Industry (SICCI) on Thursday.

Mr. Subbaram deplored the lack of awareness among Indian businesses of the need for IP management to avoid risks of infringement and, at the same time, exploit their own innovations. They should take advantage of the patent system to understand the technological trends, identify inventors (who can only be individuals or groups of individuals, in terms of law), or know the activities of the competitors.

He suggested that a board be set up to assist the Patent Office in its difficult responsibilities. Such a board could consist of representatives of the industry, patent attorneys and scientists.

Bala Ravi, Advisor (Biodiversity), Dr M.S.Swaminathan Research Foundation, said recent amendments to India's patent law brought about only the minimal changes necessary to fall in line with the Trade Related Intellectual Property Rights (TRIPS) agreement.

Printer friendly page  
Send this article to Friends by E-Mail



Tamil Nadu

News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts:
Classifieds | Employment | Obituary | Updates: Breaking News |


News Update


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu