ABSTRACT

Intellectual property is a legal concept which refers to creations of the mind for which exclusive rights are recognized. Common types of intellectual property rights include copyright, trademarks, patents, industrial design rights, trade dress, and in some jurisdictions, trade secrets. Ayurveda is getting its due recognition as a rationale system of medicine worldwide despite the fact that the medical and scientific fraternity of the globe have a very strong opposite opinion regarding the safety and efficacy of Ayurvedic medicines. Provisions of the patent law of India are obstructive in nature for getting a patent on Ayurvedic medicines. If the authors have to invite researchers from basic science to ensure quality, safety and efficacy of Ayurvedic medicines, there is an urgent need to amend the laws of patenting with pragmatic promotional policies. Provisions of Intellectual Property Rights under World Intellectual Property Organization and Patents have attracted many individuals and organizations to explore possibilities of commercial benefits with Ayurvedic traditional knowledge.