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An impressive and effective overview on Intellectual Property Rights and their vibrant applicability in Pharmaceutical Sector Advance Pharmaceutical Journal

Review Articles

2016  |  Vol: 1(3)  |  Issue: 3 (July- August)
An impressive and effective overview on Intellectual Property Rights and their vibrant applicability in Pharmaceutical Sector

Mini Ojha1*, Abhijeet Ojha2, N.V. Satheesh Madhav2

1Govt. Polytechnic Dwarahat, Almora, India

2DIT University, Faculty of Pharmacy, Mussoorie Diversion Road, Dehradun, India 

Address for Correspondence:

Dr. Mini Ojha

Government Polytechnic Dwarahat, Almora, Pin: 263653

Uttarakhand, India

Contact No. +919411760077 

Abstract

Intellectual property refers to the formation of the intellect for which a monopoly is granted to the owners. Intellectual property rights (IPRs) are the protections granted to the creators of IP, and involve trademarks, copyright, patents, industrial design rights, or sometimes trade secrets. Artistic works including music and literature, as well as discoveries, inventions, words, phrases, symbols, and designs can all be protected as intellectual property. In order to regularize IPRs, GATT (General agreement on trade and tariff) was signed. WTO was established on 1st January 1995 after the discussion of 8th GATT round at Uruguay. DOHA Declaration was adopted by WTO Ministerial Conference at DOHA on 14th November, 2001. Hatch–Waxman Act (Drug Price Competition and Patent Term Restoration Act) came in 1984 that deals with the approval of generic drugs and their listing in the orange book in patent offices. The present review deals with the types of IPR, the related treaties and agreements and the recent scenario of IPR across the world.

Keywords: Intellectual property, patent, trademark, copyright, industrial design rights, trade secrets

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