Tag: patent

From Blockchain to Biotech: IP Trends to Watch in 2023

One of the primary reasons behind patent backlogs in India is the surge in patent applications, a testament to the growing significance of the pharmaceutical industry in the country. The sheer volume of applications has strained the capacity of the patent office, leading to delays in the examination and approval process. To cope with this, there is an urgent need for increased staffing, modernised infrastructure, and streamlined processes within the patent office.

Big Pharma Benefits Indian Drug Manufacturer: A New Challenge Before Pharmaceutical Patent

One of the primary reasons behind patent backlogs in India is the surge in patent applications, a testament to the growing significance of the pharmaceutical industry in the country. The sheer volume of applications has strained the capacity of the patent office, leading to delays in the examination and approval process. To cope with this, there is an urgent need for increased staffing, modernised infrastructure, and streamlined processes within the patent office.

Apprehended Drawbacks of Draft Patents (Amendment) Rules 2023

 The year 2023 has been a significant year for patents in India. We have witnessed significant growth in the patent filing. As per a report prepared by NASSCOM, the fiscal year 2022 recorded the highest annual increase during the last decade, by 13.6%.  There is a rise in domestic filing by 4.44% of the total […]

Is 2023 Going To Prove Itself a Significant Year For Patents in India

The budget 2023-2024 allocated INR 281.60 crores for the IP ecosystem, covering the copyright office and Controller General of Patents, Designs and Trade Marks. The 15% enhancement in funds is allocated to further nourish the Intellectual Property Rights Policy Management, Intellectual Property Appellate Board (IPAB) and infrastructure development in Controller General of Patents, Designs and Trade Marks.