Sunday, August 19, 2012

Showdown for Big Pharma in India's highest court

A view of the Indian Supreme Court building is seen in New DelhiMUMBAI/LONDON (Reuters) - India's highest court will hear final arguments starting this week in a landmark case over drug patents that could change the rules for the country's healthcare sector and potentially curb its global role as a supplier of cut-price generic medicines. The Supreme Court hearing pits Swiss drugmaker Novartis AG against India's patent office, which has refused to grant a patent on the company's cancer drug Glivec on the grounds that it is not a new medicine but an amended version of a known compound. ...


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