Review Article
Volume 3 Issue 11 - 2020
Review of Challenges in the Commercialization of Stem Cell Research Technologies
Shoeb Ahmed Ilyas*
Research Scholar, Centre for Economic and Social Studies, Begumpet, Hyderabad, India
*Corresponding Author: Shoeb Ahmed Ilyas, Research Scholar, Centre for Economic and Social Studies, Begumpet, Hyderabad, India.
Received: August 13, 2020; Published: October 19, 2020



Abstract

Stem cell technology, due to its high potential, is experiencing rapid growth in practical therapeutic applications. How patents affect the stem cell research industry continues to remains in chaos. The patent system’s main aim is to promote creativity by giving the patent proprietor a provisional monopoly over the patented invention. Patent security is a key factor that influences the creation and commercial success of innovations in the regenerative medicine and life sciences. Biomedicine innovation in stem cell research demands balance between the various stakeholder interests. This paper explores etiological factors contributing to the current problems of patentability of human stem cell-based innovations in the stem cell research market.

Keywords: Stem Cell Research; Stem Cell Technology; Patent System; Biomedicine Innovations

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Citation: Shoeb Ahmed Ilyas. “Review of Challenges in the Commercialization of Stem Cell Research Technologies”. EC Clinical and Medical Case Reports 3.11 (2020): 12-15.

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