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Consider the following statements.1. A voluntary license is an authorization given by the patent holder to a generic company,allowing it to produce the patented product, such as a medicine, as if it were a generic.2. Compulsory licenses cannot override patent rights to allow local production or import of drugs by generic manufacturers.Which of the above statements is/are incorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Consider the following statements.1. A voluntary license is an authorization given by the patent holder to a generic company,allowing it to produce the patented product, such as a medicine, as if it were a generic.2. Compulsory licenses cannot override patent rights to allow local production or import of drugs by generic manufacturers.Which of the above statements is/are incorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements.1. A voluntary license is an authorization given by the patent holder to a generic company,allowing it to produce the patented product, such as a medicine, as if it were a generic.2. Compulsory licenses cannot override patent rights to allow local production or import of drugs by generic manufacturers.Which of the above statements is/are incorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.

Solutions for Consider the following statements.1. A voluntary license is an authorization given by the patent holder to a generic company,allowing it to produce the patented product, such as a medicine, as if it were a generic.2. Compulsory licenses cannot override patent rights to allow local production or import of drugs by generic manufacturers.Which of the above statements is/are incorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Current Affairs. Download more important topics, notes, lectures and mock test series for Current Affairs Exam by signing up for free.

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