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Indian National IP Policy Update

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It has been reported in the Business Standard on May 26, 2015, that the final version of the National IP Policy is expected to be delayed. The delay is due to pending comments and inputs from 3 important ministries: Ministry of Finance, Ministry of Health and Family Welfare, and Ministry of External Affairs. No inputs have yet been given by Departments of Pharmaceuticals and Commerce. The delay is not surprising, and is probably good for India. The first draft of the policy was far from integrative, cohesive and lucid, and one hopes that time is being spent well on making it a...

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