India is coming under increasing pressure from the U.S. and the European Union for the strict patentability criteria it applies for medicines. AS was only to be expected, the two landmark decisions made by the Indian patent office in recent times concerning pharmaceutical patent cases have not gone down well with the multinational drug industry. First, there was the rejection in 2006 of the patent application by the Swiss multinational...
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Road to cheaper drugs by Rupali Mukherjee
The government's decision to bust the price as well as monopoly of Bayer's anti-cancer drug, through the process of compulsory licensing now opens up the field for the generic industry to follow suit and could well pave the way for the availability of cheaper drugs for lifestyle diseases. More generic companies could invoke the compulsory licensing clause of the Indian Patents Act, following Monday's decision to allow Natco Pharma to sell...
More »India-EU summit plans 'strict' road map for free trade pact by Amiti Sen
The India-EU summit scheduled in New Delhi next week will lay down a 'strict' road-map for conclusion of the ambitious bilateral free trade pact and also strengthen cooperation in security. Commerce and industry minister Anand Sharma briefed Prime Minister Manmohan Singh on Wednesday on the progress made in the FTA negotiations and the areas that still need to be sorted out. "The PM was briefed on the status of the India-EU...
More »"BRICS Can Ensure Affordable Drugs" by Ranjit Devraj
While ‘data exclusivity’ clauses will not feature in the India-European Union free trade agreement (FTA), the threat posed by the impending deal to the world’s supply of cheap generic drugs is far from over. India’s commerce and industry minister Anand Sharma assured Michel Sidibe, chief of the United Nations joint programme on HIV and AIDS (UNAIDS) at a meeting this week that India would reject attempts by pharmaceutical giants to include...
More »India won't consider EU's demand on duty-free wheat import
-PTI To protect farmers' interests, India has made it clear to EU that duty-free imports of wheat, barley, lemons, apples, pears and meslin flour will not be allowed under the proposed free trade agreement (FTA). "The EU has asked for duty elimination on wheat, barely, apple, pear, lemon and meslin flour. We have clearly explained to them that India cannot offer concessions on any of these products," a senior Agriculture Ministry...
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