Wednesday, August 22, 2012

India's top court to hear Glivec patent case from September 11

India's top court to hear Glivec patent case from September 11

A man walks past the logo of Swiss drugmaker Novartis AG in front of a plant in Basel(Reuters) - India's top court will hear final arguments from September 11 in a key patent dispute between Swiss drugmaker Novartis and India's patent office, a case that could curb India's global position as a supplier of cut-price generic medicines. The hearing, which is expected to last for at least two months, had been scheduled to being on Wednesday. Novartis appealed to the Supreme Court after its cancer medicine Glivec was refused a patent on the grounds the drug is not a new molecule but an amended version of a known compound. Novartis has challenged this clause of Indian Patents Act. ...



Source: news.yahoo.com

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