User: prashantiyengar Topic: IP
Category: drugs :: india
Last updated: Aug 21 2016 19:25 IST RSS 2.0
 
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Swamy attacks CEA Arvind Subramanian again 21.8.2016 TOI: Home
Swamy had in late June trained his guns on Arvind Subramanian and demanded his sacking for allegedly taking anti-India stance when he was an IMF economist at Washington prior to joining the Finance Ministry. Arun Jaitley had debunked Swamy's call saying "Government has full confidence in CEA."
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​ Pfizer plans to bring more global drugs to India 15.8.2016 ET: Pharma
Although the company sells most of its top 20 global products in India, it is looking to bring in a couple of drugs, the patents of which have expired, to the domestic market.
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Expanding markets, launching new products for growth: Wockhardt 14.8.2016 ET: Pharma
In the last 10 years, global research in antibiotics has declined and the number of patents filed globally has gone down by 60 per cent.
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Workhardt to expand markets, launch new products for growth 14.8.2016 DNA: Top News
Pharma major Wockhardt Ltd has said it is increasing investments in R&D, looking at expanding markets and launching new products to accelerate growth. "We have always believed that R&D is the key to the future. Naturally, we continue to increase our industry- leading investment in R&D as a percentage of total sales every year," Wockhardt Chairman and group CEO Habil Khorakiwala said at the company's annual general meeting (AGM). In the April - June quarter, Wockhardt's net profit plunged 83% to Rs 16 crore on the back of a dip in sales and increased expenditure, the company said.  "In FY16, our R&D spend of Rs 669 crore at 15% of total sales is almost 30% higher than our investment in R&D of Rs 515 crore at 11.5% of total sales in FY 15," he said. The company has various drugs at different stages of development, he said, adding: "We expect that in the next 3 to 5 years, we will have launched some of these drugs in Indian and global markets. Collectively, we are serving diverse patients with unmet needs ...
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MSF and Pfizer battle over patent application for life-saving pneumonia vaccine 29.7.2016 ET: Pharma
MSF filed declarations at the Delhi patent office to point out that Pfizer's 13-valent pneumococcal conjugate vaccine (PCV13) was obvious and predictable.
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Lupin in talks with Japan's Astellas, Shionogi to buy their off-patent drug brands 27.7.2016 ET: Pharma
The acquisition will result in a wider offering for Lupin in Japanese market where its sales last fiscal stood at Rs 1,364 crore.
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India rejects 955 pharma patent applications in last three years 25.7.2016 ET: Pharma
To a separate query, she said India is considered as a leading exporter and holds second position in export of generic drugs in terms of volumes.
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MSF urges India to continue pushing generic drugs 21.7.2016 DNA: Urban Tales
In a report presented on HIV drug pricing released at a conference in Durban on Thursday, the international medical humanitarian organisation Médecins Sans Frontières (MSF), also known as Doctors Without Borders, stressed on the need for India to encourage generic drugs. "India is under massive pressure to turn off its tap of affordable medicines, which are lifeline for millions of people not only in India, but across the developing world," said Leena Menghaney, South Asia Head of MSF's Access Campaign. "If India doesn't stand strong against pharmaceutical corporations and governments that are pushing for change in the country's patent law and policies, people around the world will face a crisis in access to medicines in the future," she said. While the prices of drugs of the first line and second line treatment have continued to fall, third line treatment remains expensive. The third line drugs are needed by people who have become resistant to other drugs. Cost of third line treatment for HIV can go up ...
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Granules to acquire 12.5 per cent stake in USpharma 14.7.2016 ET: Pharma
USpharma is a development-stage pharmaceutical company specialising in research, development and manufacture of high entry-barrier generic pharmaceuticals.
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India should reject efforts weakening access to generic drugs 7.7.2016 ET: Pharma
MSF urged Modi to defend India's lifeline to South Africa and developing countries through affordable versions of new medicines.
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Delhi High Court asks Roche to explain lawsuit over Avastin copy 24.5.2016 ET: Pharma
Roche, which invented the drug and markets it under the blockbuster brand ‘Avastin’, has argued that Hetero’s drug is not a biosimilar to bevacizumab.
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Pharma exports growth heading for a sharp decline, Crisil says 17.5.2016 TOI: India Business
ith the value of drugs going off-patent declining amid an increase in pricing pressures, exports growth in pharmaceutical formulations (in US dollar terms) would decline sharply to 10%-12% annually over the next five years, compared with a growth of about 19% achieved in the last decade, ratings agency Crisil has said.
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#dnaEdit: India must resist pressure to amend its patent laws 17.5.2016 DNA: Top News
The National Intellectual Property Rights (IPR) Policy promises to overhaul patents administration in India, but has raised concerns in the pharmaceutical industry and among those who seek a balance between IPR and free access to knowledge. Finance minister Arun Jaitley has asserted that India would retain its right to compulsory licensing in public interest to meet contingencies, and there would be no changes to Section 3(d) of the Indian Patents Act, which prevents ever-greening of drug patents. Though the policy claims that India’s patent laws are compliant with the Doha Declaration and the TRIPS (Trade Related Aspects of Intellectual Property Rights) Agreement, certain provisions in the policy document have alarmed the generic drugs industry. It promises to “carry out legislative changes” whenever existing laws become inadequate to address changes in the knowledge field.  With India constantly pressured by developed countries to amend its patent laws, it is feared that these changes can proceed only ...
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Gilead Sciences withdraws writ petition in support of consolidating hearings over patent rights 16.5.2016 ET: Pharma
Legal experts questioned Gilead's decision to take up the matter at the Delhi HC, saying it ought to have directly approached the Kolkata Patent Office.
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IPR policy lacks specifics, won't be enough to foster innovation: Lobby groups 16.5.2016 ET: Policy
Some experts said the policy is an attempt to calm the nerves of India’s trade partners – especially the US – but has left stakeholders wanting more.
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India unveils intellectual property rights policy 14.5.2016 Sify Finance
The Indian cabinet has given its approval to the country's first Intellectual Rights Property (IRP) policy in a bid to give an impetus to ease of doing business in the country.
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IPR policy to ensure patents don’t hit affordability of life-saving drugs: FM Arun Jaitley 14.5.2016 ET: Policy
Finance minister Arun Jaitley, who unveiled the policy after getting clearance from the Union cabinet, said the process to register a trademark may take only a month from next year.
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By 2017, it will only take one month to register trademarks, FM Jaitley promises 14.5.2016 DNA: Mumbai
Finance Minister Arun Jaitley on Friday said the government is putting in place a mechanism to drastically bring down the time period for registration of a trademark to one month by 2017. He said: "Now in India, we have a very effective and a robust trademark law in place... It takes a lot of time for getting the registration done and our plan is to facilitate online applications and bring down the time period to one month by 2017." The move would help in cutting down the pendency of applications. The total number of patent applications and trademark registration requests pending as on February 1, 2016, are 2,37,029 and 5,44,171 respectively. Talking about the national IPR policy, the minister said capacity would be built to achieve objectives of the policy. Further, he said one has to balance the consideration of inventibility with public health considerations so that cost of medicines does not become prohibited because patent may itself create a monopoly. On compulsory licensing (CL), he said so far, ...
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Government announces IPR policy, lines up incentives for R&D 14.5.2016 DNA: Wide Angle
The government has announced a comprehensive National Intellectual Property Rights (IPR) policy, in a move to incentivise entrepreneurship, creativity and innovation and curb manufacturing and sale of counterfeits. The policy, with a tagline of 'Creative India: Innovative India', also calls for updating various intellectual property laws, including the Indian Cinematography Act, to remove anomalies and inconsistencies in consultation with stakeholders. "The aim is to create awareness about economic, social and cultural benefits of IPRs among all sections of society... The policy aims to create and exploit synergies between all forms of IP, statutes concerned and agencies," Finance Minister Arun Jaitley said while briefing reporters about the yesterday's Cabinet decision. On trademark, Jaitley said the registration process will be reduced to one month by 2017. The seven objectives of the policy, he said, include IPR awareness, stimulation of generation of IPRs, need for strong and effective laws and ...
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IPR policy to ensure patents don’t hit affordability of life-saving drugs: FM 14.5.2016 TOI: India Business
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