Forums Assignment Help Write short notes on PCT and Budapest treaty.

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    Aakanksha
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    Write short notes on PCT and Budapest treaty.

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    nammy
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    The “Patent Co-operation Treaty”(PCT) was signed in 1970 and is administered by the World Intellectual Property Organization (WIPO) based in Geneva. Patent applications filed under PCTs are first processed by WIPO before being formally introduced into designated national systems. The patents granted by PCT are treated as International patent. The patent applications are processed by the WIPO which processes the patent application in an “International phase”. The international phase has concerns with: (a) formal preliminaries, (b) art search, (c) publication of patent application.

    The Budapest Treaty (1980) provides for the recognition of culture collections at International Depository Authorities (IDA), in any of which a new strain of microorganism can be deposited for the purposes of a patent application in any member state. The strains which can serve the purpose of scientific community or society are accepted. These can be procured if required in future to work in Industry or research. The strains which are deposited are allocated an accession number, accession date, source of isolation and specific function. The purpose of convention of Budapest Treaty was to provide International Recognition of Microorganisms’ for the purpose of patent procedure.

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