WIPO and DIPP sign agreement to set up innovation centres in India
The Dollar Business Bureau To set up Technology and Innovation Support Centres (TISC), the Department of Industrial Policy and Promotion (DIPP) and the World Intellectual Property Organisation (WIPO) have entered into an agreement. For entrepreneurs and innovators in developing nations like India, these TISCs facilitate access to locally based technology knowledge banks and other ancillary services, which help them create, manage and protect their intellectual property rights (IPR). Some of the services offered by TISCs include database search training, access to a repository of patent/non-patent resources and IP-related publications, retrieval of technology information, and provision of basic information on laws, management, and technology commercialisation. Cell for IPR Promotion and Management (CIPAM) is the focal point for the formation of a TISC national network. CIPAM ...
Suven Life gets two patents from Europe and Macau
With these new patents, Suven has a total of twenty granted patents from Europe and eight from Macau The Dollar Business Bureau The new patents are related to New Chemical Entities (NCEs) used in the treatment of disorders associated with neuro-degenerative diseases and are valid through 2030 and 2029. Indian pharma major Suven Life Sciences on Tuesday announced that it has received patents for its two products from Europe and Macau regions. The new patents are related to New Chemical Entities (NCEs) used in the treatment of disorders associated with neuro-degenerative diseases and are valid through 2030 and 2029. With these new patents, Suven has a total of twenty granted patents from Europe and eight from Macau, the company said in a statement. We are ...
Hyderabad hosts EXIM Conclave, focus on trade potential of Telangana
The Dollar Business Bureau The Confederation of Indian Industry -Telangana chapter on Wednesday organised an one-day event ‘EXIM Conclave 2015’, highlighting trade and export potential of newly formed state of Telangana. The objective of the conclave is to strategise export-import activities for the new state of Telangana based on its inherent strengths and requirements. The state has a big task of making its mark in the field of exports, for which the Government of Telangana has identified 14 thrust areas. The conclave was organised for the first time in the new state to address these critical issues. CII Telangana Chairperson Vanitha Datla in her welcome address, talked about the importance of enhancing India’s presence in international trade, which currently stands ...
Biotech sector to be a US$ 100 billion industry by 2025
The Dollar Business Bureau The biotechnology sector is growing at the rate of 30 % annually and India is set to become home to the world’s third largest setup in the sector by 2025, said Harsh Vardhan, Union Minister for Science and Technology. “I see ten years down the road, a US $ 100-billion industry which will be the powerhouse of not only India’s pharmaceutical sector, but also be on a global scale,” said the minister, adding, “At this rate of growth, it looks likely to be bigger than the domestic pharmaceutical industry.” The minister was speaking at the inaugural session of the first phase of the Bio Innovation Centre (BIC) of the Rajiv Gandhi Centre for Biotechnology (RGCB), ...
Strong Intellectual Property Policy, need of the hour: Report
The Dollar Business Bureau There is an urgent need to create a strong Intellectual Property (IP) policy so that creative work and innovation are duly protected, says a recently released report. The report titled 'Benefit Sharing in a Globalized India' was released by the Strategic Partners Group (SPAG), a leading research and advocacy firm, on the occasion of the World IP Day, on Sunday. Highlighting on the need for an effective IP Rights policy the report said, “India, a country with multifarious and ubiquitous problems needs an IP environment that stimulates growth and produces a battery that maps out the design for its future progress.” Stating that the cost-effective products should be made available even to the gross-root levels, the ...
