Intellectual Property Rights
Neuland respects Intellectual Property Rights (IPR) and is committed to protecting the IPR of our own as well as that of our partners. Products will not be supplied in countries where they could be in conflict with the existing IPR of a third party. Neuland maintains that the final responsibility of IPR lies exclusively with the buyer.
Intellectual Property Management
Being a major player in regulated markets such as the United States and the European Union, as well as to evaluate IP issues, Neuland has set up an Intellectual Property Management Group. The Company’s competitive advantage is in capturing a large portfolio of approvals (backed by R&D effort) that offers several patented non-infringing processes and intellectual properties, and a cost-effective mega-manufacturing environment complying with the regulatory authorities.
We also work on developing technologies to come up with processes that are significantly more innovative than what is on the market to establish a leadership position in cost. Our IP is also focused around adding capabilities to APIs that differentiate them from the same APIs offered by our competitors from a value proposition point-of-view.
The process of creating IP wealth starts off with judicious product identification, based on technological complexity and emerging opportunities. Intellectual Property Management deals with:
- Patent assessment
- Interpreting patent claims and handling infringement issues
- Handling IP related queries
- Finalisation of the non-infringing synthetic routes for APIs
- Protecting the company’s inventions across the globe
In order to effectively deal with the all the above aspects, Neuland has an experienced team of IP attorneys and professionals, specialised in related fields of science & IP law, working diligently to ensure protection of IP wealth created by Neuland.