Surge in IPR Filings Following Regulatory Reforms

The implementation of the Biological Diversity (Amendment) Act, 2023 has resulted in a significant increase in Intellectual Property Rights (IPR) filings related to India's biological resources, as reported by the National Biodiversity Authority. The Act strengthens regulatory frameworks for accessing and using biological resources and mandates obtaining a Certificate of Registration from the NBA before filing IPR applications. This has improved compliance and accountability within the IPR ecosystem, leading to a streamlined process and a notable rise in applications across multiple sectors.

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