Healthcare Patents Team

 

Our expert team has extensive experience in all the areas of Healthcare including:

 

  •       Bioinformatics

  •       Biotechnology

  •       Digital Imaging

  •       Pharmaceuticals

  •       Medical Devices

  •       Chemistry

 

We work to stay abreast of the developments in the healthcare world so that we may assist you in acquiring sufficient legal protection for your inventions. Our healthcare attorneys have been truly tried and tested, pursuing our clients’ interests by obtaining patent protection, enforcing hard-won patents, neutralizing problematic third party rights and providing strategic IP advice specific to Healthcare Companies. We have a particular wealth of experience representing our clients in contentious and non-contentious proceedings at the Indian Patent Office.

 

Relevant provisions under the Patents Act

 

The relevant provision under the Indian Patent Law that refer to medicine and healthcare are Section 3(d), which provides, “mere discovery of a new form of a known substance which does not result in the enhancement of the known efficacy”; S. 3(e) providing, “substance obtained by a mere admixture” and S. 3(i) “medicinal procedure” as non patentable.

 

The Indian law also provides for the procedure of compulsory licencing under Section 84 of the Act, wherein any person may request a compulsory license if, after three years from the date of the grant of a patent, the needs of the public to be covered by the invention have not been satisfied; the invention is not available to the public at an affordable price; or the patented invention is not "worked in," or manufactured in the country, to the fullest extent possible.

 

Indian Healthcare Industry

 

Healthcare has become one of India's largest sectors - both in terms of revenue and employment. The industry comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment. The Indian healthcare industry is growing at a tremendous pace due to its strengthening coverage, services and increasing expenditure by public as well private players. India's primary competitive advantage lies in its large pool of well-trained medical professionals. Also, India's cost advantage compared to peers in Asia and Western countries is significant - cost of surgery in India is one-tenth of that in the US or Western Europe.

 

Indian Health Care Industry provides employment opportunities to as many as 4 million people in the health care segment or other related sectors catering to the needs of the medication. India has become one of the most sought destinations for health care treatments which is owing to the vast differences in medical expenses in western countries. Due to the Indian progressive nature of the health care sector several foreign companies are intending to even invest in the country. Health Care jobs are considered to be one among of the most noble career options, which is known to be the single largest profession all around the world.

 

Indian Healthcare Industry:-

 

  •          Overall Indian health care market today is US$ 65 billion

  •         Hospital and diagnostic centres attracted foreign direct investment (FDI) worth US$ 2,793.72 million between April 2000 and January 2015

  •      Indian healthcare industry is expected to grow at a compound annual growth rate (CAGR) of 17 per cent during 2011-2020 to touch US$ 280 billion

  •         In 2012, the telemedicine market in India was valued at US$ 7.5 million, and is expected to grow at a CAGR of 20 per cent to US$ 18.7 million by 2017

  •          Some of the leading Healthcare Companies Operating in India are:-

    •        Apollo Group

    •               Fortis

    •               Max

    •              Wockhardt

    •               Piramal

    •               Duncan

    •               Ispat

    •              Escorts

    •              Ranbaxy Group Company

 

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