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Basic research, applied research, or translational research conducted to acquire knowledge in the field of medicine Discovers hidden diseases and treatments of these diseases Very expensive, time consuming and unpredictable in nature Medical devices, drugs, gene therapy solutions etc
Biomedical Research Preclinical research Feasibility, iterative testing and drug safety data is collected and analyzed Clinical Trial Testing in humans /animals Comparison test of a medication for a patient's condition
Evergreening New Product? Did not pass novelty test Section 3(d) in the Patents Act
Compulsory License Nexavar - $5,181 Generic by Natco - $160 Section 84 of Indias Patents Act
They also have disadvantages, including driving up the cost of therapies and making them unaffordable to the poor.
Issues Ethical questions include the morality of commodifying the human body and the concern that patents could slow or prevent innovation by restricting access to important materials and processes. Many of the concerns about biomedical patents could be addressed by changing patenting and licensing practices.
Recommendations
Based on our research, we propose the following recommendations with respect to
the IPR issues in biomedical research Differentiate the laws on IPR clearly between a life-saving drug, generic drug and brand-name drugs make stringent laws towards life-saving drugs Governments to support the research of the private pharmaceutical companies in the
research and development of drugs which involve huge costs and long times to
develop; thus making available the drugs at affordable prices Agreement with the private pharmaceutical firms to supply the drugs at a lower rate for a certain period of time
Conclusion
Knowledge on IPR Through the judicial use of IPRs heavy investments poured in research and other business activities can be regained. In India more efforts are needed to create awareness about IPRs amongst the business and scientific community. Onus lies on the Govt. of India to provide more simplified and user friendly environment and processes for acquiring IP rights.
Privatization of BMR and the IPR that follow Promises to spur private investment but risks creating a tragedy of the anti-commons
Anti-commons in biomedical research may be more likely to endure because of the high transaction costs of
bargaining, heterogeneous interests among owners etc.
References
http://www.wabre.org/revolution-of-biomedical-research/ http://fbresearch.org/education/biomedical-research/
http://www.icmr.nic.in/ipr.htm
https://www.academia.edu/1908148/Intellectual_Property_in_the_Biom
edical_Sciences
http://www.sciencemag.org/content/280/5364/698.full