WTO: Wide Support For LDC TRIPS Extension, With A Hitch

The World Trade Organization committee on intellectual property rights met this week and addressed a request by least developed countries for an extension of the period to enforce WTO intellectual property rules. LDCs want that the extension be extinguishable only after a country ceases to be considered as 'least developed', which developing countries largely supported. Developed countries, however, were hesitant about the terms of the proposed extension.

Academics Criticise Handling Of Cultural Diversity, Traditional Knowledge At International Level

At a recent conference jointly organised by the Graduate Institute of International and Development Studies (IHEID, Geneva) and the Museum of Art and History of Geneva, academics tackled the question of the preservation of culture - in its natural and cultural dimension - against the risks of globalisation.

European Patent Office Reports Record Patent Filings In 2012

The European Patent Office today announced that 2012 saw a new record for patent filings in the office, and equating the rise to Europe’s “innovative powers”. But while 36.5 per cent of applications came from Europe, the fastest growth was in applications from Asia, particularly China, Korea and Japan. Korean firm Samsung took top honours for most filings, the first time for an Asian company, and a Chinese company, ZTE, broke into the top 10 for the first time.

“Works For Hire” A Key Issue As Music Stars Begin Terminating Copyright Transfers

Courts in the United States are beginning to interpret a Copyright Act of 1976 provision allowing authors of protected works to terminate their rights assignments beginning this year. Intellectual property attorneys appear to differ over the importance of the recent rulings, but they agree that the battle line in termination cases between the recording industry and artists will be drawn over whether or not a piece of music was created for hire.

Monsanto v. Bowman: Stocktaking After Supreme Court Hearings

The United States Supreme Court recently heard oral arguments in the case opposing a US farmer to agro-industry giant Monsanto on the issue of patent exhaustion in patented seeds. Lead lawyers in the case and others offered comments on the heels of the hearing, while the Supreme Court Justices are considering the arguments and are expected to reach a decision sometime this spring.

India’s First Compulsory Licence Upheld, But Legal Fights Likely To Continue

New Delhi - India’s Intellectual Property Appellate Board (IPAB) today upheld the country’s first compulsory licence on a pharmaceutical product. The much-awaited verdict by Justice (Ms) Prabha Sridevan upholds the compulsory licence issued to Hyderabad-based Natco Pharma Ltd, an Indian generic drug manufacturer, which sells a much cheaper version of German pharmaceutical company Bayer AG's kidney and liver cancer drug Nexavar in the market.