Biosimilars and Pharma Innovations

Intellectual Property Rights

Intellectual property rights (IPRs) are defined as ideas, inventions, and creative expressions, based on which there is a public will to grant the status of property. IPR grants the inventor or creator of this property a specific exclusive right that allows them to derive commercial benefits from their creative efforts or reputation. There are various types of intellectual property protection such as patents, copyrights and trademarks. A patent is recognition of an invention that meets the criteria of global novelty, non-obviousness, and industrial applicability. IPR is a prerequisite for better identification, planning, commercialization, duplication and protection of inventions and creativity. Each industry needs to develop its own IPR policies, management styles, strategies, etc., depending on its area of ​​expertise. The pharmaceutical industry now has an evolving IPR strategy that requires a better focus and approach in the next era.

                           Artistic work. Literature. Music. Painting. Sculpture.

                           Computer program.

                           Indigenous intellectual property.

                           Internet domain name.

                           Invention.

                           Trademark.

                          Service mark.

                          Trade secret.