Par 101: Fill & Download for Free

What you describe is called “Repurposing.”There is a very good article on drug repurposing in http://scholarship.law.marquette.edu/cgi/viewcontent.cgi?article=1243&context=iplrA. Repurposing ResearchTo repurpose a drug, a scientist must demonstrate that an existing drug, known to be useful for treating Disease A, is also useful for treating Disease B. Of course, if a researcher would like to patent this new use, then the new use must not have been obvious to someone of ordinary skill in the field.So, the new use must be non-obvious. It also must pass Par. 101 in US Patent Law - that is, the claims must be “patentable subject matter,” and not an “abstract idea,” which under “Alice,” right now, becomes harder and harder for medical treatments.Because the devil is in the details, if this is important to you, you should contact a patent attorney experienced in dealing with repurposed drugs.

Not always well.One student at Princeton came from a rural high school in Michigan that had no AP program. She was bright enough but simply not prepared. She had graduated tied for first in her class.She had studied Spanish in high school but Princeton had no course that was elementary enough for her. To satisfy her language requirement, she took Greek 101 which had no prerequisites. For math, she took a dumbed-down calculus course in which she struggled.Her suitemates were multi-lingual AP scholars who excelled in pre med and pre law.Nonetheless, she graduated with a degree in architecture.

I think there is some more distance to go and RBI is letting it find its real value.There is one thing commoners miss while reading currency fluctuations. It is that they are dealing with two variables. It is not the rupee that is weakening, but it is the dollar that is appreciating. Let me illustrate.About 5 years ago 1 Great Britain Pound equalled about 101 rupees. Now, it is worth only 89 rupees. One Euro bought about 85 rupees, now it buys only 79 rupees. A Brazilian real equalled about 26 rupees and now it is about 18 rupees. A Russian rouble equalled 2 rupees back then and now it is on par with the rupee.In short, the rupee was getting stronger over the past few years against many other currencies and that was worrisome to many economists and exporters. In fact, not long ago publications that are highly critical of the BJP were complaining that the Indian government was keeping the rupee too high.A Rising Real Exchange Rate Hurts India's ExportsThis is one of the reasons why RBI has slowly let rupee weaken so that the exporters don’t lose out to their competitors abroad. Since inflation is not a worry now, they are more comfortable doing this. Many economists are asking the RBI to go even further. Rupee still overvalued by 5-7%: NITI Aayog’s KumarA weak currency would increase prices [inflation] especially those you import. On the other hand, a strong currency would reduce jobs — as many export industries [such as IT, Jewellery, textiles] would suffer and imports would start replacing many homegrown companies [toys, electronics from other countries would be cheaper than local products].In short, currency question is a question of inflation vs jobs. For a while the government and RBI were more concerned about inflation and thus pushed for a stronger currency. As job growth suffered they had to balance it now.There is also a question of getting exports to get on par with imports. For a long time we have been importing more than we export and you can think of that as akin to borrowing money when you are spending more than you earn. This cannot go on forever. We have to get to a balance by weakening currency where the import starts reducing [as price of import increases, people cut down on purchases — such as taking fuel efficient transportation modes, skipping a phone upgrade etc] while exports start increasing eventually to a point of them becoming equal.