Intellectual Property rights department is one of the good careers, especially in the pharma industry it plays a crucial role. If you want to start your career in the pharma industry, this article will help you understand IPR in Pharma.

Intellectual Property rights are the official or legal rights granted to creations of mind. These include Patents, Trademarks, Trade secrets, copyrights, geographical indications, etc.

Let us see the roles of the IPR department in Pharma 

1. Patent Filing
2. Identifying Patentable inventions
3. Patent Searches and Analysis
4. Regulatory Compliance
5. Handling Intellectual Property disputes and litigation
6. Developing Intellectual Property strategies aligned with business objectives.
7. Creating and implementing IP policies and procedures

These are some of the roles of the IPR department in Pharma.

Intellectual Property rights help protect company’s innovations. They create a healthy competitive environment. In our country Patents Act, 1970 (amended by the Patents (Amendment) Act, 2005) is the legislation.

If you want to work in Intellectual Property rights, a degree in life sciences, Pharmaceuticals, chemistry along with this a post graduate diploma in IPR can be advantageous.

Salary structure: The salary ranges from around 2.56laks per annum to 4.5 lakhs per annum, if you are a fresher and this salary range varies among the companies, and some might even provide less or more.