Prevailing Patent Regime: Its Dominance And Effect On Access To Medicines
- IJLLR Journal
- Mar 10, 2024
- 1 min read
Ashuti Panjwani & Praveen Kumar Shukla
ABSTRACT
The TRIPS has defined Intellectual Property Rights as rights given to persons over creations of their minds. They usually give the creator an exclusive right over the use of his/her creation for a certain period of time. It pertains to any original creation of the human intellect such as artistic, literary, technical or scientific creation and it is also settled that IP plays a vital role in the modern economy. One can observe that Research and Development (R&D) is scaling globally by leaps and bounds predominantly the pharmaceutical industry. This article has tried to put forth the nexus between IPR and access to medicines which is also a targeted goal in the 2030 Sustainable Development Goals which were adopted by the United Nations in 2015 as a universal call to action to end poverty, protect the planet and ensure that by 2030 all people of enjoy peace and prosperity.
Keywords: Health, pharmaceutical industry, patent protection, access to medicines, Sustainable Development Goals, TRIPS.
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