The global pharmaceutical market is witnessing a change as many patents of key blockbuster drugs have expired in last few years. The patent expiration of blockbuster drug fuel the growth of global generic drug pharmaceutical market. Many branded pharmaceutical companies drugs expired in last few years like Lipitor, Cozaar, Concerta, Crestor, Levaquin and Zyprexa. [...]
Patent is an exclusive right granted by the government to an inventor for a limited period of time in exchange of complete disclosure of invention. Compulsory License is an important provision under the amended Indian Patent Act which is used by Indian Patent Office to put a check on the abuse of monopoly provided [...]
THE IMPORTANCE OF PATENT FILLING Sustained economic growth over more than a decade has raised visions of India becoming one of the largest and most important economies in the world. The outsourcing of important business activities such as software development to India has also brought up the possibility of India becoming one of the [...]
The ultra powerful pharmaceutical multi nationals are facing a setback due to India’s weak patent regime for medicines. India has been favoring the low cost Indian generic companies. Also, recently the Indian patent office granted compulsory license allowing Natco Pharma Ltd to make and sell a copy of German drug maker Bayer AG’s patented [...]
The Controversy: Famous lead singer of band Euphoria, Palash Sen alleged composer of the anthem of much hyped show hosted by Amir Khan ‘Satyamev Jayate ‘ for infringement of chants from one of the band’s old song “Satyameva Jayate “ Singer alleged that the chorus version of the song of Amir Khan’s debutant TV [...]
Kenyan court’s recent orders can brighten up the generic drug makers’ prospects in African market. The Kenya High Court has ruled that the government must review Kenya’s Anti Counterfeit Act, 2008, a legislation that could threaten the import of generic medicines. The court has ordered the Kenyan government to make amendments to the Act [...]
