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Posted 16 Feb 2024

Updated 18 Mar 2024

9 min read

Data Exclusivity

  • India has rejected the demand for ‘data exclusivity’ provision in the free trade pact with the European Free Trade Association (EFTA) bloc.
    • This decision has been taken to protect the interest of domestic generic drug manufacturer. 
  • About Data Exclusivity
    • Form of intellectual property protection that applies specifically to data from pharmaceutical clinical trials.
    • Generic drug manufacturer cannot apply for regulatory approval for equivalent drugs relying on the originator’s data for a specified number of years. 
    • It lengthens the monopoly for the original drug manufacturer. 
  • Not mandatory under Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement (WTO) and India laws do not provide for it.
  • Tags :
  • Data Exclusivity
  • EFTA

H5N1 Avian Influenza

  • Between 2021 and 2023, H5N1 has wiped out a significant bird population in the United Kingdom.
  • H5N1 is a type of influenza virus that causes a highly infectious, severe respiratory disease in birds called avian influenza (or "bird flu").
    • H5N1 is categorized as one of the highly pathogenic avian influenza (HPAI) viruses.
    • H5N1 infection in humans occurs through close contact with infected live or dead birds, or H5N1-contaminated environments.
    • H5N1 infection in humans can cause severe disease and has a high mortality rate.
  • Tags :
  • influenza virus
  • bird flu

Largest Economy Ranking

  • Japan recently slipped to the world's 4th-largest economy.
  • USA, China, Germany are the top 3 largest economies in the world, while India is ranked as 5th Largest.
  • The comparisons among nations’ economies is based on nominal GDP and are in dollar terms.
  • Reasons for declining status of Japan: 
    • Aging population and low birth rates contribute to Japan's declining competitiveness and productivity.
    • Weak yen and lack of innovation challenge Japan's economic growth. 
    • Labour shortage: Japan's acceptance of foreign labor is limited. 
  • Tags :
  • largest economy

Security Printing and Minting Corporation of India Limited (SPMCIL)

  • SPMCIL’s 19th foundation day was recently celebrated
  • About SPMCIL
    • Miniratna Category-I company of Government of India. 
      • Public sector units which have made continuous profit in the last three years with pre-tax profit of Rs.30 crores or more in at least one of the years are granted Miniratna-I status.
    • Works under the Ministry of Finance.
  • Key Functions: Production of Currency Notes, Security Paper, Non-Judicial Stamp Papers, Postal Stamps, Passport, Visas etc.
  • Tags :
  • SPMCIL

Intuitive Machines (IM) mission

  • SpaceX launched this Private U.S. moon mission, 52 years after the last Apollo lunar mission.
  • The IM-1 flight is carrying lander Nova-C (Odysseus) and six NASA payloads of instruments designed to gather data about the lunar environment.
  • It will attempt to soft land near Moon’s south pole at Malapert A crater.
  • Previous unsuccessful private attempts:
    • In 2019, Beresheet (Israel)
    • In 2023, Hakuto-R mission (Japan)
    • In 2024, The Peregrine lander (USA)
  • The US, the former Soviet Union, China, India and Japan are the only countries that have carried out successful soft lunar touchdowns.
  • Tags :
  • Nova-C (Odysseus)
  • Malapert A

Species Threat Abatement and Restoration (STAR) metric

  • STAR metric, developed by International Union for Conservation of Nature (IUCN) in partnership with other organizations and experts, has been expanded for use in marine areas.
    • It was first unveiled in 2021 for use in terrestrial areas.
  • The STAR metric utilizes existing data from IUCN Red List of Threatened Species to quantify extinction risks and threats faced by species.
    • STAR assesses the potential of specific actions at specific locations to contribute to international conservation targets
    • STAR estimates the contribution of two kinds of action – threat abatement and habitat restoration.