Patents And Public Health

Introduction:

Over the past years, scientific and technological innovation has broadened the scope for improvement in health conditions relating to malaria, tuberculosis and most recently avian influenza, which has continued to create major problems in many parts of the world. The patent system is designed in a way to promote technological innovation while ensuring that the worldwide population is benefited from the same.

R&D in Drug Industries:

Generally, any new development in drug industries amounts from heavy investments along with long-term research. Once, the drug is manufactured, the next stage is clinical trials and regulatory approval procedures. The motivation for necessary investments into the research for developing new drugs is derived from the exclusive right, which is conferred by a patent for a period of 20 years. The ownership and licensing policies associated with the innovations plays a major role in the promotion of effective deployment