Anmoldeep Kaur, LLM student at Himachal Pradesh National Law University, Shimla
ABSTRACT
The realm of intellectual property has expanded progressively over the decades and so has the problems in this field of law. Innovation and technological advancement have made development easier in almost every worldly aspect and pharmaceutical industry is one of them. The intellectual property regime in pharmaceutical industry is mostly governed by patent laws and regulations. Over the time, India has emerged as the ‘pharmacy of the world’ and therefore it is very important that the Indian pharmaceutical industry functions under a strong IP regime which compliments research and development along with protecting the rights of patent holders in that arena.
