Nakul J. SharedalalIntellectual Property Attorney & Advocates

Y.J. Trivedi & Co.Complete IP Solutions : India & Worldwide

National IPR Policy : Takeaways for Pharma

& Tech Industry

•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 populationSource : http://www.makeinindia.com/sector/pharmaceuticals/

WHY THE NATIONAL IPR POLICY?

MAKE ENVIRONMENT BUSINESS FRIENDLY

ATTRACT INVESTMENT

FASTER IP PROCESS

STRENGTHEN THE IP INFRSTRUCTURE

REVIEWING RULES & PROCUDURE

AUTONOMY TO IPOs

NATIONAL IPR POLICY :

THE OBJECTIVES

NATIONAL IPR POLICY :

THE OBJECTIVES

ENFORCEMENT

CO

MM

ERCIA

LIZATI

ON

CREATION

LEGAL FRAMEWORK

MANAGEMENT OF

IPOs

AWARNESS

HU

MA

N C

APITA

L

DEVELO

PMEN

T

http://www.makeinindia.com/sector/pharmaceuticals

"The country’s pharmaceuticals industry revenues are expected to expand at a CAGR of 12.1% during 2012-20 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.”

What’s instored for Pharma Industry?

•Expedited IP Registration Process•Stronger Enforcement of IPR •IP Bank through Commercialization

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

Stronger Enforcement of IPR

Special IPR Courts

Regionalizing IPAB as per IPOs

Expert Patent Bench in High Courts

(Metros)

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

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

WHAT’S IN THE POLICY FOR RESEARCHERS, INNOVATORS?

MISSES IN THE POLICY

Trade Secrets IPR Budget

Y.J. Trivedi & Co.Patents & Trademarks Attorneys

First & Second Floor, City Square Building, PolytechnicAhmedabad 380 015

Email : nakulj@yjtrivedi.comHandphone : +91-9924410700