Please use this identifier to cite or link to this item: http://nopr.niscpr.res.in/handle/123456789/20278
Title: An Attempt at Quantification of ‘Efficacy’ Factors under Section 3(d) of the Indian Patents Act
Authors: Kant, Aditya
Keywords: Section 3(d);Therapeutic;Law & economics;Pharmaceuticals;Patentability;Patent eligibility;Transaction cost;Externality;Innovation;Efficacy Matrix;Pareto;TRIPS;Petty patent;Technology transfer;Market failure;Expressive function of law;Choice architecture;Policy levers;Law-in-books;Law-in-motion;Burden of proof
Issue Date: Jul-2013
Publisher: NISCAIR-CSIR, India
Abstract: This policy paper attempts to develop a very simplistic theoretical model for helping patent authorities determine the patentability / patent-eligibility of a pharmaceutical invention. Though yet to be empirically tested, the proposed model (based on the wider interpretation of ‘efficacy’) may serve a very useful guideline, thereby lessening the arbitrariness and uncertainty in the application of the ‘efficacy’ standard under Section 3(d). This model has been proposed as part of a comprehensive reform in the extant patents regime in India. However, this domestic level reform has to be matched by a concomitant reform at the international level.
Page(s): 303-315
ISSN: 0975-1076 (Online); 0971-7544 (Print)
Appears in Collections:JIPR Vol.18(4) [July 2013]

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