In a landmark decision that could set a precedent on how life-saving drugs under patents can be made affordable, the government has allowed a domestic company, Natco Pharma, to manufacture a copycat version of Bayer's patented anti-cancer drug, Nexavar, bringing down its price by 97%. In the first-ever case of compulsory licencing approval, the Indian Patent Office on Monday cleared the application of Hyderabad's Natco Pharma to sell generic drug Nexavar,...
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India's patent ruling on cancer may open door for cheaper HIV drugs
-Reuters India's move to strip German drugmaker Bayer of its exclusive rights to a cancer drug has set a precedent that could extend to other treatments, including modern HIV/AIDS drugs, in a major blow to global pharmaceutical firms, experts say. On Monday, the Indian Patent Office effectively ended Bayer's monopoly for its Nexavar drug and issued its first-ever compulsory license allowing local generic maker Natco Pharma to make and sell the drug...
More »Water crunch looms without action on waste, says UN report
-AFP Water problems in many parts of the world are chronic and without a crackdown on waste will worsen as demand for food rises and climate change intensifies, the UN warned on Sunday. Issued on the eve of a six-day gathering on world water issues, the United Nations, in a massive report, said many daunting challenges lie ahead. They include providing clean water and sanitation to the poor, feeding a world population set...
More »Economic growth and food security depend on healthy farm sector, whose pillar, the farmer, is still neglected by Ajay S Shriram
In India, agriculture and allied sector is the source of income for over 60% of rural population and its contribution to GDP has been consistently coming down and currently stands at 14.3%. For the Indian economy to grow at the rate of 8-9%, the growth rate of agriculture sector has to be more than 4%. The critical role of agriculture in the economy highlights the need for a larger investment in...
More »U.N. Human Rights Council Exhorted to Defend Peasants’ Rights by Isolda Agazzi
Decades after peasants’ networks have advocated for a new legal instrument to protect the rights of small farmers to land, seeds, traditional agricultural knowledge and freedom to determine the prices of their production, the United Nations Human Rights Council (UNHRC) may decide to start drafting a declaration on peasants’ rights next week. "The idea of an international declaration on peasants' rights comes from our (base) because many small farmers don’t have...
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