generic drugs

generic-drugs

Role of government and judiciary in Generic Drug Industry

Today, India is one of the leading players in the global generic drug market with Indian pharmaceutical companies ranked third in terms of volume of drugs sold globally. Though it has a modest 1-2% market share in global pharmaceutical market,…

January 10, 2015

Generic Drugs and Various Issues Around Patent Law in India

The cost of drug depends on the expenditure of the research and procedures of approval. Every newly launched drug is thus very expensive to begin with. Patent regime protects their investments of resources. After the patent is over, the same…

November 21, 2014

India has biggest battlefield for IPR

A US lawmaker recently accused India of undermining intellectual property rights (IPR) of US pharma companies and of “rampant piracy and counterfeiting” by generic companies. These remarks were made in front of US Chamber of Commerce which released a report…