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Natco Pharma bags licence to sell Bayer's cancer drug Nexavar

-The Economic Times The government has allowed a local drugmaker to make and sell a patented cancer drug at a fraction of the price charged by Germany's Bayer AG, setting a precedent for more such efforts by Indian firms and heightening the global pharmaceutical industry's anxiety over the use of the controversial compulsory licensing provision.  The outgoing patent controller of India, PH Kurian, on Monday granted the country's first compulsory licence to...

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Govt uses special powers to slash cancer drug price by 97%-Rupali Mukherjee

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...

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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...

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Food policies not working: Gujarat study by Chitra Unnithan

Various government policies such as the Public Distribution System (PDS), mid-day meal, food for work programme, National Rural Employment Guaranty Scheme (NREGA) have failed to create food security at the household level, says a study by Gujarat Institute of Development Research. The findings of a primary survey of 110 households undertaken in two districts of two villages - a tribal district and a developed one - in Gujarat showed that about...

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