-Economic and Political Weekly The compulsory licence for Nexavar is only the beginning of a new battle over drug prices. The grant of a compulsory licence (CL) to Natco Pharma, a relatively small Indian pharmaceutical company, to manufacture and sell the cancer drug sorafenib (Nexavar) has been rightly hailed as a major step forward for public health and the wider availability of life saving medicines.   The German pharmaceutical company Bayer holds the patent...

-PTI A demand was raised in Rajya Sabha today that the Government should put in place a strong surveillance network to monitor inflow of foreign funds to NGOs besides creating a data base in the interest of national security.  "Government should establish a data base of NGOs to whom foreign contribution is increasing day by day. There are reports that funds are being utilised to fuel unrest in government projects," B S...

In a landmark decision, India’s intellectual property office on Monday allowed Hyderabad-based Natco Pharma Ltd to make and sell a copycat version of German drug maker Bayer AG’s patented cancer treatment Nexavar. It’s the first time that an Indian company has been granted the so-called compulsory licence to market a generic version of a patented drug. The drug, patented by Bayer in India in 2008, is used in the treatment of...

-The Hindu Even as the Director-General of Foreign Trade issued a fresh notification lifting the ban on cotton exports, the government is set to launch a probe into the “self consignments,” mostly to China, and scrutinise the export receipt certificates (ERCs) to get to the root of the sudden spurt that caught it unawares. Though the government had registered 130 lakh bales for exports, it was only last week that the alarm...

-The Economic Times The government has decided to lift the ban on cotton exports from Monday, just a week after imposing it, buckling under pressure from farmers, traders and politicians.  "Keeping in view the facts, the interests of farmers, industry and trade, a balanced view has been considered by the group of ministers to roll back the ban and a formal order will be made public on Monday by the government," Commerce...