Novartis loses Indian patent case
Novartis loses Indian patent case
India’s Supreme Court has rejected a plea from Novartis, the Swiss
pharmaceuticals group, to patent its cancer drug Glivec, in a landmark
ruling that health activists say will allow India’s generics industry to
keep making cheaper versions of newer medicines.
The judgment will infuriate multinational pharmaceuticals companies,
already frustrated at the way India’s 2005 patent law – which New Delhi
had to adopt in order to join the World Trade Organisation – has been
repeatedly interpreted to permit Indian generics companies to override
their patents.
http://link.ft.com/r/0QSDPP/6ADT2F/GKXE28/FKZ0NW/52JZ3K/QR/h?a1=2013&a2=4&a3=1
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