The implementation of Patents Act, as last amended in 2005, raises significant issues of immediate concern to patients across the world. INDIA'S Patents Act has an interesting history. Enacted first in 1911 as the Indian Patents and Designs Act in the colonial era, it primarily addressed the interests of inventors, who did not want their inventions infringed upon by anyone who copied them or adopted the methods used to make them....

Industry reacts with caution to the grant of a compulsory licence to Natco, but cancer patients welcome it and hope for many more. THE first compulsory licence (CL) issued by the Indian patent office, to the local drug manufacturer Natco Pharma Ltd to sell the generic version of Bayer AG's anti-cancer drug Nexavar, has led to varied reactions. The landmark decision has also raised concerns about the outcome of cases...

Bidders for upcoming ultra mega power plants in Odisha and Chattisgarh will have to pay a reserve price to the state government for coal mines that come bundled with the project, ending a long established policy regime in which the mines were allotted free. The coal ministry is in the process of finalizing norms for calculating the reserve price for the mines, bidding norms and a model agreement for which it...

Hoardings dotting the city claim ‘miraculous' cure for a range of ailments through homoeopathy. From stopping hair fall to treating obesity and from bringing in hormonal balance to curing infertility, mushrooming clinics promise an answer to all. But main stream doctors scoff at these claims and maintain that the very system of homoeopathy is a ‘scientific hoax'. And caught between claims and counter claims, patients are a confused lot these days. “People...

PUNE: The cotton export debacle has created an oversupply of Bt seeds in the market with angry farmers expected to plant less area in the coming summer season. Companies are bracing for a price war in branded cotton seed, a far cry from the usual scenario where state governments impose a ceiling on maximum retail prices. Cotton is India's most important farm-produced industrial raw material and contributes a third to the...