Challenges of Inventors in Balancing Public Interest, Enterprise Profits, Commercial Competitions and Knowledge Sharing with Respect to the Technology Development in the Biomedical Sector During the Pandemic: A Study Through Patent Filing Trends

Authors

  • Rajkrishna Rajan IP Cell, Biomedical Technology Wing, Sree Chitra Tirunal Institute for Medical Sciences and Technology, Poojappura, Thiruvananthapuram 695012, India Author
  • J.S. Gopika IP Cell, Biomedical Technology Wing, Sree Chitra Tirunal Institute for Medical Sciences and Technology, Poojappura, Thiruvananthapuram 695012, India Author

Keywords:

coronavirus, mutation, pandemic, market, vaccine

Abstract

The world grapples with the pandemic coronavirus. A new mutation of coronavirus is popping up from independent parts of the world. People affected with coronavirus undergo lenient to acute respiratory problems and other health disorders. This paper details the transmission of coronavirus, drivers and restraints of the global vaccine market, regional market insights, and competitive intelligence report on medical devices for coronavirus. The results demonstrate that filing of human coronavirus patents, particularly COVID-19 patents, have been rapidly increasing. Harvard College and University Toledo play an outstanding role in developing medical Devices for saving mankind from Coronavirus. The leading role of inventors and companies is increasingly apparent. Balancing public interest, enterprise profit, commercial competition, and knowledge sharing is a significant challenge.

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Published

2024-04-17

Issue

Vol. 38 No. 1 (2024)

Section

Review Article