An IP Prospects In Pharmaceutical Industry

INTRODUCTION

In today's era pharma industry is one of the most promising industry having huge profits, growth, knowledge and possibilities. In the pharma sector starting from initial stage till the final stage there are enormous chances of the product's being success or failure. Apart from these challenges, a large amount is invested before any product launched in the market. In this whole process from drug designing to manufacturing, IPR plays an important role. Intellectual Property Rights today are the most strategic and powerful asset of all large and Multinational Companies throughout the world, providing continued global market, economic dominance and profitability. They decide mergers and acquisitions based on the Intellectual Property Assets of the target S.M.E or Partners. Intellectual Property Rights today are independent commodities and assets for trading by way of their safe licensing, joint R&D/Production ventures, recognized globally.