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February 13, 2004
US firm hijacks trademark on
US firm hijacks trademark on tribals' wonder drug "Jeevani"
Thiruvananthapuram, Feb 13 (UNI) A Kerala-based research institution plans to challenge an American company which has obtained the trademark for the herbal drug 'Jeevani' developed by it based on traditional tribal medical knowledge.
The drug, developed by the Tropical Botanical Garden and Research Institute (TBGRI) with the traditional knowledge supplied by the Kani tribals, was patented in India in 1996. Subsequently, It sold the manufacturing and marketing rights to the Coimbatore Arya Vaidya Pharmacy for a period of seven years. As per the agreement, a portion of the proceeds from its marketing was to go directly to the tribals.
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Posted by Douglas Sorocco at 03:25 PM.
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