Expiring patents are expected to contribute billions of dollars towards the loss of revenue of drug manufacturers in the years to come. To save itself from falling off the patent cliff, Big Pharma needs to restock its R&D shelves in a cost-effective manner. Aside from developing niche products like biologics and acquiring companies with promising drugs […]
Wiseman Ubochioma is a doctoral candidate at Osgoode Hall Law School of York University and is taking the Intellectual Property Theory course. The TRIPS Agreement has always been heralded as a milestone achievement recorded in the field of intellectual property. It provides a minimum standard of intellectual property protection among WTO members and reduces the […]
Nirav Bhatt is an LLM candidate at Osgoode Hall Law School. BACKGROUND During the early 1990s, the extent of protection and enforcement of Intellectual Property (“IP”) rights varied widely around the world. As IP became more important in trade, these differences became a source of tension in international economic relations. New internationally-agreed trade rules for […]