The strengthening of the intellectual property rights regime,Intellectual in particular through the adoption of the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is the subject of intense scrutiny and debates in most countries of the world. By providing for minimum levels of protection of intellectual property rights generally based on average OECD levels of protection, TRIPS constitutes a significant challenge to a number of developing countries which have to make significant changes to their legislations to be in compliance.
Some of the fiercest debates concern patents which provide a bundle of time-limited rights to inventors. Patents are deemed to provide necessary incentives for the development of private sector enterprises in areas where patents are granted.
Traditionally most countries have provided strict limitations on the scope of patentability. Patents were, for instance, not available for a 'discovery' (as opposed to an invention) and a number of countries provided restrictions on patentability in specific sectors such as pharmaceuticals. TRIPS now obliges countries to provide patents in all fields of technology. This implies, for instance, that health cannot be excluded from patentability. Furthermore, TRIPS imposes the protection of plant varieties and therefore brings the whole food sector within its purview. TRIPS also introduces with exceptions the patentability of life forms. TRIPS is thus fundamentally linked to the development of the biotechnology industry.
V. S. LAW OFFICE efficiently cater to the requirements of clients to safeguard their Intellectual Property Rights. V. S. LAW OFFICE deals in following areas of IPR laws: