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India equipped to protect over 2 lakh formulations under Traditional Knowledge Digital Library

22 March 2011

NEW DELHI:

The Union Minister of Science, Technology and Earth Sciences, Mr P.K Bansal, said on Tuesday that India is equipped to protect over 2 lakh formulations under the Traditional Knowledge Digital Library (TKDL).

Traditional knowledge is the information that people in a given community have developed over generations, on the basis of their experience and which is adapted to local culture and environment.

Many countries are struggling to protect their traditional knowledge, against wrongful exploitation, primarily in the pharmaceutical sector. This knowledge is used to sustain the community and its culture, as well as biological resources necessary for the continued survival of the community.

Speaking at an international conference on utilisation of the TKDL as a model for the protection of traditional knowledge, Mr Bansal said, “Today, India is well equipped to protect 2.26 lakh formulations within a time range of ‘days and weeks’ and without any cost.” The idea is not to restrict the use of traditional knowledge, but to ensure that wrong patents are not granted due to lack of access to the prior art for Patent examiners, he said……

Read more: http://www.thehindubusinessline.com/industry-and-economy/article1562132.ece?homepage=true

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Written by csirindia

March 26, 2011 at 12:18 am

Posted in CSIR

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