India's Role in Pharmaceutical Innovation and Biotech Intellectual Property
Modern medicines influence industries and public health through innovation, patents, and market dynamics. Patents grant temporary exclusivity to recover research costs but also raise legal and public access debates. India, known for affordable medicine production, is shifting focus toward original biotech innovation, leveraging its scientific talent and diverse patient base. Amid global R&D challenges and geopolitical shifts, India aims to become a trusted hub for early-stage research and clinical trials, enhancing its role in global pharmaceutical development.
