Dozens of countries are taking part in a United Nations-sponsored effort to protect potentially life-saving centuries-old traditional medicines from bio-piracy by learning from India how to halt their misappropriation through international patents granted on non-original innovations. Representatives from more than 35 countries wrapped up a three-day meeting in New Delhi today that discussed emulating India’s Traditional Knowledge Digital Library (TKDL), a database documenting traditional medicinal treatment, concluding that such a mechanism...
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HIV patients say ‘no' to IP provision on generic drugs by Aarti Dhar
‘It will hinder access to quality, affordable generic medicines produced in India' People in Asia living with HIV and who depend on affordable generic AIDS medicines to stay alive have impressed upon the Indian government to stand strong against European Union demands on the sensitive Intellectual Property (IP) chapter in ongoing Free Trade Agreement (FTA) negotiations. The EU is pushing for harmful IP provisions to be included in the trade agreement...
More »Govt explores capping FDI in pharma by CH Unnikrishnan
The Indian government is exploring a proposal to reduce the limit on foreign direct investment (FDI) allowed in the pharmaceutical industry through the automatic route to 49% from 100% amid concerns over the takeover of local drug makers by overseas firms. Officials from the ministry of commerce and industry and the ministry of health have had multiple rounds of discussions on the proposal following a note written to them by the finance...
More »EU trips the poor
Even as India and the European Union (EU) inch closer to threshing out a free-trade agreement, the unresolved issue of seizures by EU member countries of Indian generic drugs on their way to other destinations continues to sour relations between the two. Over a score of such incidents of unlawful confiscation of Indian drug shipments by European customs authorities have occurred in the past three years. Ironically, most of such...
More »Patent concerns by CP Chandrasekhar
The discussion paper on compulsory licensing of patents will have achieved its purpose if it can lead to a proactive policy in the area of drugs and health. IN a proactive move to ensure a fair balance between protection of intellectual property rights and protection of the public interest, the Department of Industrial Policy and Promotion (DIPP) of the Ministry of Commerce and Industry has chosen to put out a discussion...
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