LAHORE, AUGUST 2018: Amna Iqbal, Legal Services Officer, CCL recently held a 2-hour training on the basic concepts of Intellectual Property (IP) at CCL’s Head Office. The training was attended by over 18 colleagues from different functions. The contents of the session included a general understanding of IP, introduction of the World Intellectual Property Organization (WIPO) and Intellectual Property Organization – Pakistan (IPO). Part of the session was a discussion on the major branches of IP and registration processes, IP’s impact on business, infringements and challenges in IP rights and available remedies for the aggrieved.
“Intellectual Property rights are commonly seen as one of the most important economic assets of every corporate entity. IP generally refers to creation of minds. It is largely recognized that pharmaceutical IP rights are essential for the continued innovation of new medicines, drugs in the form of trademarks, copyright and patents etc.,” remarked Amna.
“Intellectual property right helps the authorities to assess the quality of drugs that are being put out into the market. These protections allow authorities to take active measures to prevent counterfeit copies of drugs to enter the market,” she added.
IP is protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent or create. By striking the right balance between the interests of innovators and the wider public interest, the IP system aims to foster an environment in which creativity and innovation can flourish.
For further information, please contact Amna Iqbal, Legal Services Officer, email@example.com