4 ms·
labs in India and China.
by rootw0rm 7y ago
labs in India and China.
- missosoup 7y agoIndia has been pretty open and vocal about ignoring pharma patents when it comes to medications. They put the needs of the people above the financial wants of the industry. It's been a cause of tension in trade negotiations.
- ganeshkrishnan 7y agoPlease. It's not ignoring patents. It's about ignoring patents after time limit and not allowing patents with minor modifications. Insulin is still patented in US even though it was invented in Canada.
- missosoup 7y ago> Please. It's not ignoring patents. Yes it is. And the pharma industry is pretty butthurt about it. https://blogs.wsj.com/indiarealtime/2015/03/19/inside-india-indias-fight-against-big-pharma-patents-is-a-just-war/ https://blogs.wsj.com/indiarealtime/2015/03/19/inside-india-... https://www.forbes.com/sites/johnlamattina/2013/04/08/indias-solution-to-drug-costs-ignore-patents-and-control-prices-except-for-home-grown-drugs/#162804722cba https://www.forbes.com/sites/johnlamattina/2013/04/08/indias...
- ganeshkrishnan 7y agoIt says in the article >India’s law sets a higher bar for protection than in some other countries, limiting the ability of companies to get patents for new versions of drugs whose active ingredients were previously known unless they can show significant therapeutic benefit. It's not ignoring patents, it's setting a high bar for them. You can't rehash old medicine and patent them.
- gingabriska 7y ago>India has been pretty open and vocal about ignoring pharma patents when it comes to medications. They put the needs of the people above the financial wants of the industry. US doesn't put as much pressure because India used "Bhopal Gas Plant Tradegy" for negotiation. If US really wanted to enforce anything, they could have simply banned outsourcing to India. There is lots of damage US can do to India on that front, they don't care enough for now for it to matter.