Patents in India are allowed in all ¬elds of technology,
even though the factors determining patentability of an invention
varies for di erent technologies. Among di erent technologies,
inventions in life sciences are unique with respect to the huge
amount of investment and comparatively longer gestation period to
arrive at a viable invention. Thus, as the stakes are so high, both
in terms of ¬nance and time, it requires dedicated planning for
developing and protecting the innovations in such technologies.
Adding to the requirement of high investment is the ever
increasing complexity in inventions arising due to requirements of
interdisciplinary research activities, to provide solutions to
modern day problems and necessities. Such complex research
activities in biotechnology, bioinformatics, nanotechnology and
biopharmaceuticals results into high value Intellectual Property
(IP) and by protecting the same, it becomes an important tool for
diverse business