The Crop Care Federation of India (CCFI) on Thursday urged the government to reject patent evergreening for agrochemicals, arguing that such a move would harm farmers and local manufacturers by creating monopolistic market conditions. The industry body criticised a newly formed government committee examining data protection provisions for agrochemicals, claiming it would unfairly benefit multinational corporations and importers at the expense of domestic producers. CCFI Chairman Deepak Shah, in a statement, said extending patent protections beyond the standard 20-year period would lead to overpricing and reduced accessibility for small and marginal farmers. "The government should protect the interest of domestic manufacturers and farmers," Shah stated. The federation highlighted that between 2010 and 2022, while 62 new pesticide molecules were patented in India, only 27 were commercially launched. Of the remaining 35 products, their patent periods have already expired. Citing a 20
Intellectual property guidelines are being revamped, with efforts directed at bringing Indian regulations to global standard
The Pokemon Company and Nintendo have sued Pocketpair, the creator of the hit adventure game 'Palworld'. The lawsuit alleges patent infringement against the popular game, launched earlier this year
Gilead is seeking patents in India for the choline and sodium salt forms of lenacapavir
According to the patent office, the agency granted 1,020 patents from 2010 through the first quarter of 2024 that were both funded at least in part by the US government
India granted 1.03 lakh patents in financial year 2023-24, Controller General of Patents, Designs and Trademarks Unnat Pandit said on Thursday, as he assured that there will be "no delay" in the Intellectual Property Office as it prioritises timely clearance of applications. Addressing an Assocham event here, he shared that 40 per cent of the applications were disposed of within 30 months of the request for examination. "We are going to have no delay in the IP office, that's the motive with which we have .. that IP should be granted and under Chapter 8 of the Act it should also be utilised by the applicant ... that will generate the economic value of IP," Pandit said. "All the pendency got cleared so now whatever application which is going to come for examination or hearing will be within the period of 30-36 months. So there is no delay which is going to happen now," he said on the sidelines of the event. Pandit emphasised that India needs to strengthen its Intellectual Property ..
Indian patent office has granted over 1 lakh patents in the past year on account of steps taken by the government to further strengthen the intellectual property rights ecosystem, an official statement said on Saturday. It also said that there has been a notable surge in Geographical Indication (GI) registrations, demonstrating a threefold increase compared to the previous year. As on date, 573 GIs are registered in India. In 2023-24, 98 new GIs have been registered and another 62 will be registered by March 31 this year. Similarly, so far this fiscal, copyright and design registrations totalled at 36,378 and 27,819 respectively. "Every 6 minutes one technology is seeking IP protection in India. In 2023, an all-time high of 90,300 patent applications were received. Patent office granted over one lakh patents in the last one year (15-Mar-2023 to 14-Mar-2024). Every working day, 250 patents were granted," the commerce and industry ministry said. It added that the Patent Rules, 2024
India's share in global patent grants has increased but it ranks fourth among the five largest economies
Prime Minister Narendra Modi said on Wednesday that the rise in patent applications in India demonstrate the rising innovative zeal of its youths and is a very positive sign for the times to come. He was reacting to a World Intellectual Property Organization report which said patent applications by residents of India grew by 31.6 per cent in 2022, extending an 11-year run of growth unmatched by any other country among the top 10 filers. China, the US, Japan, South Korea and Germany were the countries with the highest numbers of patent filings in 2022, it said. While innovators from China continue to file nearly half of all global patent applications, the country's growth rate dipped for a second consecutive year from 6.8 per cent in 2021 to 3.1 per cent in 2022, it said, while noting India's growth. Modi said on X, "The rise in patent applications in India demonstrate the rising innovative zeal of our youth and is a very positive sign for the times to come.
Jurors said that Google should pay $2.30 for each of the more than 14 million devices sold
Waiting time in India thrice that of Japan; largeer firms better placed than startups to have their applications cleared
The UN agency said that despite the disruption of the coronavirus pandemic, this bucked previous economic downturn trends.
The USTR said patent issues continue to be of concern in India
Total of 19,796 patent applications filed, 10,706 54% were filed by Indian applicants as compared to 9,090 by non-Indian applicants
The number of patent filings increased from 42,763 in 2014-15 to 66,440 in 2021-22 due to steps taken by the government to strengthen intellectual property rights regime of the country
IT company Tech Mahindra is in the process of filing a patent, along with Reagene Biosciences, for a drug molecule that can potentially attack coronavirus, according to a senior company official
India priority patent publications refer to patents that are first filed in India
Both TVS Motor and Bajaj Auto have mutually agreed to withdraw pending proceedings and release each other from all liabilities, claims, demands and actions
However, if an institution determines that an invention was made by an individual on his or her own time and was without use of its resources, then the invention shall vest with the individual
The US still dominates the field, with 46 per cent of the 308,853 US utility patents issued last year, followed by companies based in Japan, South Korea and Germany