Intellectual property rights

What is the present world scenario of intellectual property rights with respect to life materials? Although India is second in the world to file patents, still only a few have been commercialized. Explain the reasons behind this less commercialization.

How is the Government of India protecting traditional knowledge of medicine from patenting by pharmaceutical companies?

India’s Traditional Knowledge Digital Library (TKDL), which has a database containing formatted information on more than 2 million medicinal formulations, is proving a powerful weapon in the country’s fight against erroneous patents. Discuss the pros and cons of making the database publicly available under open-source licensing.

In a globalized world, Intellectual Property Rights assume significance and are a source of litigation. Broadly distinguish between the terms—Copyrights, Patents, and Trade Secrets.

Bringing out the circumstances in 2005 which forced amendment to the section 3(d) in Indian Patent Law, 1970, discuss how it has been utilized by the Supreme Court in its judgement in rejecting Novratis' patent application for 'Glivec'. Discuss briefly the pros and cons of the decision.