Patent Licensing

July 13, 2018, 6:28 pm

Compulsory Licensing is an authorization given to a person to use a patented invention without any permission from the patent holder of that invention. It is a boon for all the under-developed and developing countries, but the developed countries are against it. The reason is that the under-developed and developing countries do not have enough revenue to fund research; therefore, they favor a compulsory licensing regime. ...Read More

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