The life sciences have expanded in all fields of technology, leading to the creation of one of the most complex systems of our time. The discipline of life sciences is no longer a standalone subject; it is an ever-evolving dynamic domain rapidly expanding and merging with other subjects, which has given rise to an increasing list of interdisciplinary branches such as biotechnology, bioinformatics, nanotechnology and biopharmaceuticals. Simultaneously, intellectual property has also evolved as one of
the key business assets in today’s global market. Intellectual property now serves as an important tool for diverse business activities such as fundraising, attracting investors, mergers and acquisitions, strategic alliances, company valuation and licensing relationships. Ownership and exploitation of intellectual property are key factors in determining the intellectual and commercial success of any organisation.
IP issues for life sciences companies in India by Dr. Pradeep Kumar Kamal. This article first appeared in IAM Life Sciences: Key issues for senior life sciences executives 2019, a supplement to IAM, published by Globe Business Media Group – IP Division. To view the guide in full, please go to www.IAM-media.com