Wednesday, April 3, 2013

Western Drugmakers Expected To Practice Caution After Patent Defeat In India.

Reuters (4/3, Hirschler, Kulkarni) reports on Western drugmakers' reaction to a landmark patent defeat in India. Amit Backliwal, who heads South Asian operations for IMS Health, remarked, "India is too big to ignore. Companies will definitely get cautious, and it definitely means a change in their business model, but I don't think they will pull out." Raghunath Mashelkar, former director general of the Council for Scientific and Industrial Research and an architect of India's IP policies, added, "Drugmakers will have to work out strategies for the lower sections, to give affordable access to medicines and make money by large volumes and smaller margins. And then they will look at the middle and the upper sections and make money through smaller volumes but higher margins."
US Business Reacts To Ruling.Reuters (4/3, Palmer) reports that the US Trade Representative's office is considering its response to the ruling, while the US-India Business Council and other business groups have criticized it.
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Other related links:

Business Standard
Even though Novartis and other multinational corporations (MNCs) are upset with the Indian Supreme Court's decision to reject Novartis' patent claim on Glivec, the key man behind the popular cancer drug has welcomed the verdict, saying it would benefit ...
The Hindu
A day after losing in the Supreme Court its seven-year battle over patent protection for anti-cancer drug, Glivec, Novartis India's Vice Chairman and Managing Director, Ranjit Shahani, said that destroying the patent model is not the solution to make medicines ...
Hindu Business Line
“No way will drug companies move out of India because of Supreme Court ruling against Novartis. They need our (Indian) market and (they) will find ways to sell drug cheaper,” tweeted internationally-reputed filmmaker Shekhar Kapoor, reacting to the ...

Hindustan Times

The Supreme Court's (SC's) verdict on Swiss multinational Novartis AG's blockbuster anti-cancer drug, Glivec, is almost a classic East versus West story and it seems never the twain shall meet over the contentious issues of drug pricing and patenting rules.


Yesterday's Supreme Court judgment in the case of Novartis' anti-cancer drug Glivec has given rise to calls for stronger patent protection in India. The multinational lobby is yelling blue murder, and Novartis India's chief Ranjit Shahani has muttered darkly ...
India's Cancer-Drug Ruling Likely to Have Global Impact
Voice of America - ‎12 hours ago‎

A landmark ruling by India's high court this week struck down a bid by Swiss drugmaker Novartis to extend patent protection for its cancer drug, Glivec. The decision is seen as a blow to Western pharmaceutical companies seeking to protect their financial ...


Novartis AG feels stung by the Indian Supreme Court's decision this week to deny patent protection to the company's Gleevec cancer treatment. Its spokesmen have gone so far as to threaten to withhold investments and even products from the country.

Reuters India

By Doug Palmer. WASHINGTON | Wed Apr 3, 2013 5:19am IST. WASHINGTON (Reuters) - The United States said on Tuesday it was considering its response to the Supreme Court ruling that U.S. drug manufacturers warn is the latest sign of a "deteriorating" ...

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