Intellectual Property Rights in the Biotech Industry

Abstract

This article explores the role of intellectual property rights in the biotechnology industry, focusing on how these rights influence innovation, competition, and access to biotechnological advancements. It examines the legal challenges faced by companies in the United States, Switzerland, and India in protecting their intellectual property while fostering innovation. Through a comparative analysis, the article offers insights into the balance between patent protection and public access, proposing legal strategies to optimize this balance.