THE NEED FOR PROTECTION OF INTELLECTUAL PROPERTY-RIGHTS FOR INDIAN INVENTIONS IN BIOTECHNOLOGY

A change in Indian Patents Act to protect Indian ingenuity is a need which will benefit the country by the participation of Indian Industry investing in R & D. The situation in biotechnology and its rapid growth in India portends the possibility that India can play a significant role in inventing new and novel products of therapeutic value. The investment made by India in training scientific personnel and the infrastructure built will not be lost in value if product and process patent protection is introduced in India. This optimism is justified taking into consideration the experience of change in other countries.