Protecting patents or patients? | |||
As the Swiss drug company Novartis loses its patent renewal battle in India, we ask who the real winner is in this case.
Inside Story Last Modified: 02 Apr 2013 10:15
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The Supreme Court has dismissed the application, saying the new version was only slightly different from the old one. The landmark ruling sets a precedent covering patents on all existing drugs in India. Updating medicines to gain new patents is known as 'evergreening'. Novartis has declared the modification took years of research and makes the drug more effective, and the company has succesfully patented the new version in nearly 40 other countries. "We brought this case because we strongly believe the patents safeguard innovation and encourage medical progress, particular for unmet medical needs." Novartis Indian managing director said. Meanwhile, Doctor Without Borders, an international medical humanitarian organisation, warned that the victory for the pharmaceutical company would have limited access to important medicines for millions of poor people around the world.
Phamaceutical companies spend billions of dollars on research and development. And patents are vital for protecting what they produce. Patents usually protect the sales of a drug for around twenty years. Once a patent expires, other companies can jump in and make cheaper copies of the original ones. There is a lot at risk. In the next five years, prescription drugs with combined annual sales of $290bn are expected to lose their patent protection, and it can prove costly. So who is winning the battle in a multi-billion dollar industry pitting profits against provision for the poor? Should generic drug companies be allowed to rip off the pharmaceutical giants? To discuss this, Inside Story, with presenter David Foster, is joined by guests: Aziz Ur Rehman, a policy advisor for Doctors Without Borders; and James Love director of the NGO Knowledge Ecology International and a specialist on intellectual property policy.
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Source:
Al Jazeera
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http://www.aljazeera.com/programmes/insidestory/2013/04/20134111202324857.html
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