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Patents and biotechnology

Swathi Vanguri Sri Vanguri


Abstract

Recent advances in science and technology have brought with them many questions. One of these, affecting the state of medicine, is the advent of gene patenting. Patents are a part of a larger subset called ‘Intellectual Property (IP)’ which grant monopoly to those with new ideas or knowledge. Legally, a patent is a monopoly granted by the patenting and trademark organisation of a given country for the use, manufacturing, and sale of an invention. An invention must meet the criteria of being novel, useful, and non-obvious for it to be patentable.

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