-The Indian Express Government has been speaking in two tongues on intellectual property. Last week, Prime Minister Narendra Modi expressed his desire to see India adhere to “global” IP standards. The United States Trade Representative (USTR) was quick to latch on to this, noting in its latest Special 301 report: “The United States also welcomes April 2015 statements made by Prime Minister Modi recommending that India align its patent laws with international...
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Pharma Patents after 10 Years
-Economic and Political Weekly Ten years on, the progressive provisions of the amended Indian Patents Act are being watered down. Ten years have passed since the Indian Patents Act, 1970 was amended in 2005 to bring the country’s laws in line with the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). The most important of the 2005 amendments was the introduction of product patents for 20 years, including for pharmaceutical products,...
More »Jan Aushadhi: in need of a right prescription -PT Jyothi Datta
-The Hindu Business Line Generic prescription patterns, supply-chain management must for low-cost drug availability An earnest-sounding voice answers the Jan Aushadhi hotline number and assures the person calling that more stores are being planned by the Government in districts across the country. That response was to the caller’s query if there was a Jan Aushadhi (JA) store in Mumbai. As it happens, there is one in Maharashtra, but in Pune! It’s been over...
More »Bursting the myths on Indian agriculture -Rakesh Rao
-Business Standard Though Indian agriculture has grown to be second largest globally, there are many myths and misconceptions. So, let's find the truth. Though the government over the past few years has been focusing on enhancing manufacturing sector's share to India's GDP, contribution of agriculture to the GDP continues to be higher than that of the manufacturing. India has in abundant four critical fundamental resources - light, land, water & labour. Contrary...
More »Chemists will have to mention in bill whether drug is price controlled -Sushmi Dey
-The Times of India NEW DELHI: In an attempt to empower consumers and save them from paying more for medicines, the government is set to make it mandatory for chemists to mention in the bill whether they are selling a price-controlled product or not. Besides, the bill will also mention the price of the medicine as capped by the government. The move will enable a consumer to make an informed choice while...
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