After being banned by the Lahore High Court on the ground of ‘filthy propaganda’, it is now MSF’s (Medecins sans Frontieres) turn to draw the sword against ‘Phantom’, the Indian action thriller directed by Kabir Khan, starring Saif Ali Khan and Katrina Kaif.
Phantom, which was released on 28th of August, 2015 revolves around the story of an aid worker who helps a disgraced Indian soldier to assassinate Pakistani extremists, who orchestrated the 2008 Mumbai terror attacks.
The trailer of…
The post below gives statistical information about the progress made by India with respect to Pharmaceutical Patents.
The Indian Patents Act amendment of 2005 ushered in a new atmosphere for the Pharmaceutical industry in the country. The amending act of 2005 made the Patents Act, 1970 substantially compliant to the TRIPS agreement signed by India in 1995. This post seeks to provide a statistical analysis of “A Decade of Pharma Patents in India”.
The Pharmaceutical industry has perhaps been one…
These are some basic questions VCs and Investors ask before investing in a start-up. What is the value of Intellectual Property (IP) for the start-up's business, revenues and competitive advantage in the market? Is the start up IP driven? How strong is the start-up’s IP portfolio when compared with its competitors? Is the IP ownership clear, and are all link documents in place? Will the IP Portfolio help in retaining revenues, and opening new revenue opportunities? Is the start-up’s IP…
Clearing IP Risks is very important before starting a business. A mistake with respect to this can kill a start-up. Some basic IP clearance steps to be taken by all start-ups and entrepreneurs are: Patent Risk Clearance Check if your business idea is the subject of any IP/Patent protection by another person or entity. Perform a patent search to check if any patents cover any aspect of your business. If your business or technology falls within…
Glad tidings to all our readers! It is a happy Onam indeed, as Kerela adds another feather to its GI hat. Besides the ‘Palakkadan matta’ rice, ‘Vazhakkulam’ pineapple, ‘Pokkali’ rice, Wayanadan’ scented rice varieties ‘Gandhakasala’ and ‘Jeerakasala’ and Central Travancore jiggery, the ‘Changalikodan’ banana variety has also found a place in the GI list. The news of Kerela’s famous Nendran banana variety “Changalikodan” getting GI status was made official recently at a public event, by the Thrissur district panchayat president…
This checklist provides some of the basic steps every start-up must take to protect its intellectual assets.
Patent Protection
Identification of inventions with potential for patent filings
Patent Search and Patentability Analysis
Inventor Assignment Agreement Execution – To transfer all rights to the start-up
Provisional or complete patent filing
Foreign Filing Permit, if required
PCT, or foreign patent filing
Patent pending notice on relevant materials
Trade Mark Protection
Shortlisting of Marks
Identification of relevant classes of business
Trademark Clearance Search…
The Indian Patent Office, after extensive consultative process, has issued an Order by which Chapter 08.03.05.10 of the Manual of Patent Office Practice and Procedure (MPPP), containing provisions pertaining to section 3(k) of the Patents Act, 1970, will stand deleted and replaced by the provisions of the new Guidelines, for examination of Computer Related Inventions (CRIs), with immediate effect.
The Guidelines, while outlining the legal provisions related to CRIs, extensively demonstrates what ‘Patentable Subject Matter’ means and what parameters are…
The post below has been previously published on 9th December, 2014. Besides minor dated references, the post gives a basic understanding of how start-ups can raise funds and get investments from venture capitals and other investors, through their intellectual assets. Funding activities during the last quarter, especially when it comes to start ups, was great! Apart from the US$ 1 Billion Fundraising by Flipkart, India saw several start ups being funded at various levels. A Report indicates 93 deals…
More often than not, start-ups focus on protecting their intellectual property, but ignore risks from intellectual property of third parties. IP of third parties may kill a business if appropriate risk clearance measures are not taken at the right time. While protecting IP is very important for start-ups and entrepreneurs, avoiding or mitigating risks from IP of third parties is even more important. A start-up company must take necessary steps to avoid the risk of infringing IP of third parties.…
The post below highlights the achievements of the Traditional Knowledge Digital Library or TKDL in the previous decade.
20 years ago, two patents pushed the Indian government into a full panic mode. These two patents were none other than the infamous Turmeric and Neem patents. In 1995, Suman K. Das and Hari Har P. Cohly were granted a US patent on ‘Use of Turmeric in Wound Healing’, and in the same year, WR Grace was granted a patent for neem-based bio…