Government of India has announced to provide generic drugs to millions of Indian people at a lower cost from October, 2012. The Government has already allocated $5.4 billion for funding this scheme. The Health Ministry has focused on the generic drugs because the generic drug is much cheaper than the branded drug. However, some state […]
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On 25th October 2012, four NGOs requested “National Institute of Health (NIH)” under the Bayh-Dole Act of USA to force “Abbott Laboratories” to license others for manufacturing and selling the drug Ritonavir, which is used for the treatment of AIDS. The petitioners are “American Medical Students Association (AMSA)”, “Knowledge Ecology International (KEI)”, “U.S. Public Interest […]
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The European Commission signed an agreement with “African Regional Intellectual Property Organization (ARIPO)”for the protection of specific traditional agricultural products of specific locations in Africa. The agreement includes the procedure of implementation of the protection clauses, development of Geographical Indication (GI) framework, creating a mechanism to educate the people of the signatory countries about […]
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Overview: Republican Study committee (RSC) staffer Derek Khanna, released a report on “US Copyright Laws, its problems and solutions” on 16th November, 2012. Within 24 hours of publication, the group’s Executive Director, Paul Teller, issued a statement saying that the group is recalling the memo because the memo was published without adequate research and the […]
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Bangladesh is now ready to contest the claim on the patent of Jamdani Saree. It is an example of the familiar dispute between two neighboring countries who share the same culture and heritage. Tarana Halim, an M.P from Bangladesh circulated this information at a program hosted by “Federation of Indian Chambers of Commerce and Industry”. […]
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The capital and labor forces were the main force of Commerce and Industry since the inception of internet technology. From the end of the 20th century, the knowledge and technology became the main factor of industrial development. Technology oriented manufacturing process replaced the labor intensive production method. The new mechanized process cut the production cost […]
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