bayer loses landmark indian drug case
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Bayer loses landmark Indian drug case

Arab Today, arab today

Arab Today, arab today Bayer loses landmark Indian drug case

Mumbai - Arabstoday

Germany’s Bayer has lost a landmark drug ruling in India, forcing it to grant a compulsory licence for its cancer treatment Nexavar to Natco Pharma in a move that could bring down the cost of other pricey medicines. The Indian Patent Office issued its first ever compulsory licence to Natco, a local generic drug manufacturer, effectively ending the German drugmaker’s monopoly in India on the drug for treating kidney and liver cancer. Natco’s chief financial officer said on Monday it won the right to make the drug under a provision of the Indian Patents Act allowing a compulsory licence after three years of the grant of patent on drugs that are not available at affordable prices. Medecins Sans Frontieres (MSF), which campaigns for access to drugs in poor countries, welcomed the move, which it said would bring the price of the drug in India down from over $5,500 a month to close to $175. “This decision serves as a warning that when drug companies are price gouging and limiting availability, there is a consequence,” said Michelle Childs, director of policy at the Geneva-based charity. MSF believes the move means that new medicines in India that are still under patent, including some of the latest treatments for HIV/AIDS.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bayer loses landmark indian drug case bayer loses landmark indian drug case

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bayer loses landmark indian drug case bayer loses landmark indian drug case

 



GMT 14:45 2017 Sunday ,03 December

Saudi banks prepare for riyal coins

GMT 20:36 2017 Sunday ,15 October

Jewish settlers storm Al Aqsa mosque compound

GMT 04:06 2017 Wednesday ,09 August

PTI Leader Gunned Down in Karachi

GMT 22:40 2017 Thursday ,08 June

6m Yemenis on verge of starvation

GMT 15:00 2017 Sunday ,19 February

Hana El Zahed tells her career's story

GMT 13:13 2017 Thursday ,30 March

Teach your children to love the arts

GMT 10:24 2015 Thursday ,04 June

Central bank: Too early to say Russia crisis over
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday