Technically yes, but the fact that a backdoor exists means American patent holders need to make the deal particularly sweet to Indian generics. Sure they still

Technically yes, but the fact that a backdoor exists means American patent holders need to make the deal particularly sweet to Indian generics. Sure they still profit because they’re just licensing and getting economic rent. They could be making way more if this system were not in place. It’s probably better for the world if they lean even further from patents.