EDITORIALS & ARTICLES

May 21, 2021 - Daily Quiz

1. "Chak-Hao has bagged the Geographical Indication (GI) tag" -  Headline news in recent times. What is "Chak-Hao"?. (a) Traditional health drink of Manipur (b) Orange  (c) Sapota    (d) Rice   2. Which of the below is/are true w.r.t. Geographical Indications Tag?
  1. Geographical Indications Registry  is in Hyderabad.
  2. Geographical Indications is covered as a component under the Paris Convention.
Which of these is/are true?. (a) 1 only (b) 2 only (c) 1 and 2 (d) Neither 1 Nor 2   3. Which of the below is/are true w.r.t. "Remdesivir"?
  1. It inhibits the virus to make copies.
  2. It is not given to those with liver or kidney problems.
Which of these is/are true?. (a) 1 only (b) 2 only (c) 1 and 2 (d) Neither 1 Nor 2   4. Which of the following defines ‘Grey Imports’?. (a) They are products black marketed by the patent owner in various countries at a cheaper price violating principles of natural justice. (b) They are products black marketed by the patent owner in various countries at a higher price violating WTO Norms. (c) They are products marketed by the patent owner in one country and imported into another country with the approval of the patent owner. (d) They are products marketed by the patent owner in one country and imported into another country without the approval of the patent owner.   5.Which of the below is/are true w.r.t. "Compulsory Licensing"?
  1. Compulsory Licencing is regulated under the Indian Patent Act, 1970.
  2. Compulsory licensing provisions in India are not WTO-compliant.
Which of these is/are true?. (a) 1 only (b) 2 only (c) 1 and 2 (d) Neither 1 Nor 2   Answers 1 – (d) https://www.thehindu.com/news/national/gi-tag-to-manipur-black-rice-gorakhpur-terracotta/article31475958.ece 2 – (b)  https://www.thehindu.com/news/national/what-are-gi-tags-and-how-are-they-awarded/article31667981.ece 3 – (c) https://www.thehindu.com/news/cities/Hyderabad/remdesivir-not-for-all-patients/article34353099.ece 4 – (d) Parallel or Grey Imports: These are products marketed by the patent owner in one country and imported into another country without the approval of the patent owner. For example, suppose company A has a drug patented in the Country ‘X’  and Country ‘Y’. In Country ‘Y’, the drug may be sold at lower prices. In this case, the Country ‘X’ may decide to import the drug from Country ‘Y’. It is referred to parallel or grey import. Bolar Exception: Usually, the marketing approval for new drugs takes substantial amount of time. Hence, upon the expiry of patented drugs, the entry of cheaper Generic medicines into market may get delayed. Hence, Bolar Exception allows potential competitors to use a patented invention during the patent term without the consent of the patent owner for the purpose of obtaining marketing approval for a prospective generic product. https://theprint.in/india/indian-firms-begin-developing-remdesivir-for-covid-19-research-hope-to-land-licensing-deal/406432/ 5 – (a) The Trade Related Aspects of Intellectual Property Rights (TRIPS Agreement) does not specifically list the reasons that might be used to justify compulsory licensing. However, the Doha Declaration on TRIPS and Public Health confirms that countries are free to determine the grounds for granting compulsory licences, and to determine what constitutes a national emergency. https://www.financialexpress.com/opinion/fight-covid-with-compulsory-licensing/2248068/






POSTED ON 21-05-2021 BY ADMIN
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