India's New Intellectual Property Policy Criticized For Missing Key Elements

India's new Intellectual Property Rights Policy released last week is missing too many elements to effectively address a variety of U.S. issues, according to industry sources who said it includes no implementation timeline, fails to address longstanding issues with pharmaceutical patent protections and does not call for changing existing laws. The policy, released on May 12, outlines the Indian government's plans to strengthen intellectual property rights (IPR) by focusing on seven objectives. These include increasing domestic use of patents and...