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Twitter ID: ChinaBio
Laws, legal actions and rulings impacting intellectual property (IP) rights and corporate issues...
Novartis once again said that India is not a place to do R&D because its IP laws are not strong enough to protect discoveries. In 2006, Novartis made a commitment to build a $125 million R&D facility in Hyderabad. The next year, after the company lost a patent battle over its blockbuster cancer drug, Gleevec (Glivec outside the US), Novartis reneged on the center. Last week, Novartis earmarked $1.25 billion for R&D activity in China. More details...
Stock Symbol: (NYSE: NVS)
China will be the world’s leading technology innovator by 2012, according to the Scientific division of Thomson Reuters. The company looked at trends in patent filings (and patent awards) and extrapolated the trends forward to make the prediction. During the period 2002-2007, China’s patent filings grew at an annual rate of 34%. Next best was the US at a paltry 13%. But even the US’s performance is better than Japan’s, which actually dropped at an average of 3% per year. More details...
To maintain the momentum of its economy, China needs innovation, which requires patent protection. To encourage innovation, China is undertaking the third revision of its patent law, with the aim of raising the bar on patent requirements and providing adequate patent protection by tightening patent enforcement. Charles C. Liu, PhD, JD, and Jeanne J. Liu have illuminated the direction of the government’s thinking on IP by detailing the changes in each Proposed Draft of the new Patent Law. Here, in the third installment of a three-part article, they discuss the most recent iteration, the Draft of August 2008. More details…
To maintain the momentum of its economy, China needs innovation, which requires patent protection. To encourage innovation, China is undertaking the third revision of its patent law, with the aim of raising the bar on patent requirements and providing adequate patent protection by tightening patent enforcement. Charles C. Liu, PhD, JD, and Jeanne J. Liu have illuminated the direction of the government’s thinking on IP by detailing the changes in each Proposed Draft of the new Patent Law. Here, in the second part of a three-part article, they discuss the most recent iteration, the Draft of August 2008. More details…
To maintain the momentum of its economy, China needs innovation, which requires patent protection. To encourage innovation, China is undertaking the third revision of its patent law, with the aim of raising the bar on patent requirements and providing adequate patent protection by tightening patent enforcement. Charles C. Liu, PhD, JD, and Jeanne J. Liu have illuminated the direction of the government’s thinking on IP by detailing the changes in each Proposed Draft of the new Patent Law. Here they discuss the most recent iteration, the Draft of August 2008. More details…