Europe has staked its future on building a knowledge economy. But once again, a major R&D investment by one of its leading companies is going to the US.
In a rare example of a university tec transfer deal attracting an upfront payment, French pharma company Ipsen paying €1.25 million for a treatment licence.
Intellectual property laws have fallen short of providing legal protection on indigenous knowledge. Now India is setting up a database to establish prior art on traditional knowledge.
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