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Novartis order may force pharma MNCs to change

-The Economic Times Foreign pharma companies could be forced to overhaul their strategy for the Indian market by striking more local deals and cutting sky-high drug prices after the Supreme Court slammed the door on Swiss giant Novartis' attempts to gain a patent for its blood cancer-busting drug Glivec. But the ruling, welcomed by activists campaigning for affordable drugs and local generic companies, threatened to reinforce a narrative that India...

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Domestic pharma lauds apex court verdict-Reghu Balakrishnan

-The Business Standard Patients' lobbies cheer ruling on anti-cancer drug Glivec, as affordability and access to life-saving drugs get a leg-up Though the India office here of Swiss pharma giant Novartis wore a gloomy look following the Supreme Court rejection of its Glivec patent application, Indian pharmaceutical companies and patients' associations are in celebration mood. D G Shah, secretary general, The Indian Pharmaceutical Alliance (IPA), comprising leading research-based Indian pharma companies, said,...

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SC verdict on Novartis AG plea today

-Reuters Global drugmakers, battered by recent intellectual property decisions in the country, are girding for a landmark court ruling on Monday with broad consequences for their ability to sell lucrative patented medicines in the country. Supreme Court is due to decide on April 1 whether or not Swiss giant Novartis AG's cancer treatment Glivec deserves a patent in the country. "Big Pharma is nervous because nothing has gone in their favour in the...

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Bengal panchayat polls: EC seeks stay on Govt notification -Abhishek Law

-The Hindu Business Line Kolkata: The West Bengal State Election Commission on Monday moved the High Court seeking a stay on the notification issued by the State Government regarding panchayat polls (rural polls). The petition was filed before Justice Biswanath Samaddar. The matter is expected to come up for hearing tomorrow. The Panchayat Department of the State Government had last month (in March) issued a notification to conduct panchayat polls in two phases...

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Tribal affairs ministry against MoEF move to dilute forest rights Act- Liz Mathew and Neha Sethi

-Live Mint MoEF notification on 5 February says linear projects such as roads, canals wouldn't require gram sabha consent A move by the ministry of environment and forests (MoEF) to exempt promoters of so-called linear projects such as roads, pipelines and canals from seeking the consent of village councils in forest areas will likely be a non-starter unless the government moves to amend the forest rights Act (FRA). MoEF issued a notification on...

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