-The Hindu Drug patents are designed to create profits that enable more research on diseases affecting millions. But in practice, they have often generated super profits for big pharma companies while erecting access barriers for the poor. The Novartis case spotlights much that is wrong with the system. The rejection of the Novartis petition challenging one of the most progressive tenets of the Indian Patents Act (1970), as amended in 2005 by...
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Man penalised for filing 100 RTI applications -Rahul Devulapalli
-The Times of India HYDERABAD: At a time when the central government is formulating ways to 'strengthen' the not-so-adequately used Right to Information Act 2005 (RTI) in the country, here is a man from AP who has been penalised by the state information commission for using the RTI a little too frequently. Turns out that E Sivaramanjaneyulu, a resident of Navapala village in Anantapur district, dashed off over 100 RTI applications,...
More »CAG raps Bihar govt for 'fiscal indiscipline'
-The Times of India PATNA: The Bihar government, which keeps crying for more central assistance, could not spend Rs 1472.61 crore in 2012 and surrendered 100 per cent funds in 192 schemes, depriving the beneficiaries of the benefits, according to the CAG report for 2011-12 presented in state assembly on Tuesday. Central funds for several schemes also remained unutilized, it said. The CAG also regretted the lack of objective planning in utilization...
More »Novartis case may make foreign firms more wary of Indian drugs market-Ravi Ananthanarayanan
-Live Mint SC judgement may not open a Floodgate of revenues for local pharma firms; nevertheless, it is a psychological win The Supreme Court has dismissed an appeal by Novartis AG to revoke denial of a patent to its cancer drug Glivec. The judgement is important because multinational companies (MNCs) can be denied patent protection on improved drugs unless they can prove the medication has better efficacy. Although this decision will displease...
More »Haryana: Panel Seeks More Info on Proposed Nuke Plant
-Outlook A high-powered panel of the Environment Ministry has sought more details from Nuclear Power Corporation of India Ltd (NPCIL) for its proposed Rs 23,502 crore nuclear power plant in Haryana before initiating steps for according it green clearance. The proposal is for setting up a nuclear power park (4x700 MWe), to be implemented in phases at Gorakhpur in Fatehabad district along with township for the project. The first phase will comprise...
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