Happenings

IPR in Pharma: Innovation and Development Impact

2025-06-14

The Placement Cell of Nitte College of Pharmaceutical Sciences (NCOPS), Bengaluru, organized a guest lecture on “IPR in Pharma: Exploring the Scope and Impact on Innovation and Development” on June 14, 2025. The session aimed to educate students about the significance of Intellectual Property Rights (IPR) in the pharmaceutical industry, focusing on innovation protection, commercialization, and global competitiveness. The seminar, led by Mr. Ravi Syam Madhira, introduced key IPR concepts relevant to pharma, including patents, trademarks, and copyrights. Special emphasis was placed on patents, outlining core criteria such as novelty, non-obviousness, and industrial applicability. Students learned how IPR functions as both a legal shield and a commercial tool, providing inventors with a competitive advantage. The session also highlighted IPR’s critical role in promoting research, protecting investments, and transforming innovations into valuable intellectual assets. It concluded by encouraging students to consider IPR in future pharma innovation and entrepreneurship endeavors.