ECONOMICS
PROPERTY RIGHTS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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VIRUS
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VACCINE
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Either A or B
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None of the above
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Detailed explanation-1: -Thus inventions which are fully or partially related to the natural laws/ natural principals are not patentable. In one of the case delivered by the Supreme court of United States in the year 2012, the court states that the “laws of nature, natural phenomena, and abstract ideas” are not patentable subject matter.
Detailed explanation-2: -(i) Medicinal, curative, prophylactic, diagnostic, therapeutic for treating diseases in human and animals are non-patentable.
Detailed explanation-3: -A plant patent is granted by the United States government to an inventor (or the inventor’s heirs or assigns) who has invented or discovered and asexually reproduced a distinct and new variety of plant, other than a tuber propagated plant or a plant found in an uncultivated state.
Detailed explanation-4: -Utility patent. This is what most people think of when they think about a patent. Provisional patent. Design patent. Plant patent. 25-Jan-2023