Name: Praneet Pradeep Kadam
Country: India

Year: 2026
Volume: Volume-16, (March 2026) Special Issue: Business Collaboration in a VUCA World: Redefining Sustainable Organizational Growth
Page Number: 87-92
DOI: https://doi.org/10.5281/zenodo.20082581

Patent licensing plays a crucial role in the pharmaceutical sector by balancing the need to encourage innovation with the necessity of ensuring access to medicines. Pharmaceutical companies invest significant resources in research and development to create new drugs, and patents provide them with exclusive rights that help recover these investments. This mechanism can facilitate technology transfer, promote collaboration, and expand the availability of medicines in different markets. However, patent licensing in the pharmaceutical industry also raises important concerns related to drug pricing, market competition, and public health.
This research paper examines the role and impact of patent licensing in the pharmaceutical sector, focusing on its influence on innovation, accessibility, and regulatory frameworks. The study explores different types of licensing arrangements, including voluntary licensing and compulsory licensing, and their implications for pharmaceutical companies and co