- Boeing, Honeywell and Abbot, 3 major companies in the US have expressed support for India’s IPR regime which has been under attack by American pharma sectors over supposed violation of global norms.
- Boeing, aviation major, said that it has not encountered any IP violations in India and that the country has a strong legal framework to protect such necessary rights.
- For Abbot, investments in India are a priority critical to the future of the company.
- Read at: http://www.thehindu.com/
todays-paper/tp-business/3- major-us-firms-back-indias- patent-regime/article5964621. ece
Exams Perspective:
- Intellectual Property Rights (IPR)
- World Intellectual Property Organisation WIPO