In ensuring that innovation is always encouraged and appreciated intellectual property rights play an important role. India has one of the strictest patent laws in the world which also make sure that its pharmaceutical patents are accessible to public at reasonable cost. Indian patent law has always restricted giant pharmaceutical companies from entering the industry by just making minor modifications in their patents. Once a patent for a drug is expired it can be sold in the market for a cheaper price.

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One must clearly understand that getting an international patent is not getting a patent Worldwide (in 190+countries). International patent filing means that patent can be acquired in those countries which are members of Patent Cooperation treaty. Currently there are about 146 states.

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Patents are the exclusive rights granted to the inventor to use, enjoy and sell his invention or improvement when it is novel, useful and non-obvious to the person skilled in the art. Here comes the question regarding the patent of ideas.

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Registering a Patent

Patent is the granting of an exclusive right to the inventor to use, enjoy and sell his invention. Patent is given to encourage the inventors to carry on with their inventions and to reward them for communicating it to the world. Several claims and conflicts arise while registering a patent. In India patent is granted by the Controller General of Patent Designs and Trademarks.

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