Patent Law

Patents That Save Lives vs. Profits โš–๏ธ


Listen Later

๐Ÿ’Š When Life-Saving Patents Meet Reality

๐ŸŒŸ Imagine spending billions developing a cancer drug that could save thousands of lives - but pricing it so high that most patients can't afford it. What happens when innovation clashes with public health needs?

๐Ÿ’ก What You'll Discover:

  • ๐Ÿ” Why product patents are more powerful than process patents (hint: it's about the final product, not the recipe)
  • โš–๏ธ How compulsory licensing works - when governments can override patent rights for the greater good
  • ๐ŸŽฏ The four crucial tests every invention must pass to get patent protection
  • ๐Ÿฅ Why patent holders have social responsibilities, especially for essential medicines

๐Ÿš€ Real Cases Discussed:

  • ๐Ÿ’Ž Bayer Corporation vs. Union of India (2014) - The landmark case where India issued its first compulsory license for a cancer drug
  • โญ Natco Pharma's Challenge - How an Indian company fought for affordable access to life-saving treatment

๐Ÿง  Key Takeaways:

  • ๐Ÿ“‹ Product patents protect the actual invention, not just how it's made
  • ๐ŸŒ Patents require novelty, inventiveness, utility, and clear description
  • โšก Patent rights come with responsibilities - especially for essential medicines
  • ๐Ÿค The ongoing challenge of balancing innovation incentives with public access

๐ŸŽ™๏ธ This episode perfectly explains how patent law tries to balance rewarding innovators while ensuring life-saving treatments reach those who need them most!

...more
View all episodesView all episodes
Download on the App Store

Patent LawBy Sharad Bansal