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National IPR Policy : Takeaways for Pharma & Tech Industry

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Presentation on theme: "National IPR Policy : Takeaways for Pharma & Tech Industry"— Presentation transcript:

1 National IPR Policy : Takeaways for Pharma & Tech Industry
Nakul J. Sharedalal Intellectual Property Attorney & Advocates Y.J. Trivedi & Co. Complete IP Solutions : India & Worldwide

2 Rising levels of education are set to increase the acceptability of pharmaceuticals.
India’s patient pool is expected to increase to over 20% in the next 10 years, mainly due to the rise in population Source :

3 WHY THE NATIONAL IPR POLICY?
STRENGTHEN THE IP INFRSTRUCTURE ATTRACT INVESTMENT MAKE ENVIRONMENT BUSINESS FRIENDLY FASTER IP PROCESS REVIEWING RULES & PROCUDURE AUTONOMY TO IPOs

4 NATIONAL IPR POLICY : THE OBJECTIVES HUMAN CAPITAL DEVELOPMENT
ENFORCEMENT COMMERCIALIZATION CREATION LEGAL FRAMEWORK MANAGEMENT OF IPOs AWARNESS HUMAN CAPITAL DEVELOPMENT

5 "The country’s pharmaceuticals industry revenues are expected to expand at a CAGR of 12.1% during and reach USD 45 Billion. The healthcare sector in India is expected to grow to USD 250 Billion by 2020 from USD 65 Billion currently.”

6 What’s instored for Pharma Industry?
Expedited IP Registration Process Stronger Enforcement of IPR IP Bank through Commercialization

7 Financial Autonomy to IPOs Online and Offline Availability of Document
EXPEDITED IP REGISTRATION PROCESS Financial Autonomy to IPOs Online and Offline Availability of Document Bridging all IPOs Appointment of Public Relations Officer Help Desk in all IPOs Significantly adding staff to reduce backlog

8 Stronger Enforcement of IPR
Special IPR Courts Regionalizing IPAB as per IPOs Expert Patent Bench in High Courts (Metros)

9 Commercialization The IP Exchange Program
Incentives for companies with R & D units First time fee benefits for MSMEs Strategic registration and commercial plans for SMEs Bank Loans for the less fortunate

10 WHAT’S IN THE POLICY FOR RESEARCHERS, INNOVATORS?
In depth IP knowledge to be imparted to the innovators, researchers and the scientists through IP Awareness Program IP Facilitation Centers with Nodal points for the complete access to national and global IP database Will be counseled with need based individual strategies to score with their IPRs Human Capital Development aims at IP education through training, nurturing, skill development of people from all sectors of society Establishment of IP Institutions to cater nationwide awareness of IPR

11 MISSES IN THE POLICY Trade Secrets IPR Budget

12 Y.J. Trivedi & Co. Patents & Trademarks Attorneys First & Second Floor, City Square Building, Polytechnic Ahmedabad Handphone :   


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