Premium Essay

Dr. Narendran’s Dilemma

In:

Submitted By ashish88
Words 2322
Pages 10
Dr. Narendran’s Dilemma

For requirements of the course

Written Analysis and Communication – I (2011-12)

(Assignment -1)

To
Prof. Meenakshi Sharma
Academic Associate: Nameeta Chandra

Section B

Date of Submission: July 2, 2011

[pic]

INDIAN INSTITUTE OF MANAGEMENT, AHMEDABAD

LETTER OF TRANSMITTAL

To: Dr. Narendran, [do not use colon]

Director,

Indian Medicine (Siddha) College.

From: XYZ [do not use colons]

WIMWI.

Date: xx/xx/2011

Sir,

Subject: Report on analysis and recommended plan of action for Ramkumar’s proposal

Enclosed is [the] report detailing the decision to be taken regarding Dr. Ramkumar’s proposal that Indian Medical (Siddha) College should file for patent of new drug, for treatment of atherosclerosis. I recommend that Patent is taken [use filed instead of taken] and [a] one-time fee for license-transfer for production of drugs is opted.

Sincerely,

XYZ

EXECUTIVE SUMMARY

Dr. Ramkumar has [had] approached you with [the] proposal that Indian Medical College should file [a] patent for his discovery of [the] new medicine, [comma not required] for treatment ofAtherosclerosis [spaces should be maintained].

A decision has to be arrived at [by] taking into account IMC’s problems [IMC’s problems have not been specifically stated in the case], [use and here instead of comma since the next point refers to Siddha and not IMC] objectives and also [the] welfare of Siddha [kindly be specific, can use propagation instead of welfare] system along with other factors like faculty motivation.

You can opt to reject the proposal or opt to [no need to use opt to here] file the patent and if you opt to file the patent, select the best possible way of using the license obtained from the patent. [Should have given the overview of the options and evaluated them in brief]

It is

Similar Documents

Premium Essay

Dr Narendran's Dilemma

...INDIAN INSTITUTE OF MANAGEMENT, AHMEDABAD For requirements of the course Written Analysis and Communication - I (2011-13) Dr. Narendran’s Dilemma Submitted to: Name of instructor: Prof Asha Kaul Name of Academic Associate: Shilpa Sawant Submitted by: S.G.Shrinivas Section A Date of Submission: 2nd July 2011 LETTER OF TRANSMITTAL From S G Shrinivas, Student, WIMWI To Dr. Narendran Director, Indian Medicine (Siddha) College Chennai Respected Sir, Subject: Dr. Ramkumar’s request to IMC to apply for a patent This is with reference to the earlier interactions between us regarding Dr. Ramkumar’s research. Please find along with my report on the same, consisting of an analysis of the situation, the various options available to you and my evaluation of the options. My recommendation would be to go ahead with the patent, by selling it to a third party for a one-time licensing fee. Regards S G Shrinivas EXECUTIVE SUMMARY Dr. Ramkumar wants to apply for a patent for his research on a cost-effective Siddha product for coronary atherosclerosis. A decision, whether to go ahead with the request, will have to be made, as this could have long standing implications for both Siddha and the institute. Among the options available for patenting the product - One-time licensing fee or leaving the manufacturing to a pharmaceutical unit or selling it on a royalty basis - the first option seems to be the most beneficial, on the basis of evaluation...

Words: 1598 - Pages: 7