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HindustanTimes Fri,22 Aug 2014

SC verdict on cancer drug patent today

HT Correspondent, Hindustan Times  New Delhi, March 31, 2013
First Published: 23:37 IST(31/3/2013) | Last Updated: 23:38 IST(31/3/2013)

The Supreme Court on Monday will deliver its verdict on pharma giant Novartis AG’s plea claiming patent right in India over its blood cancer drug Glivec.

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The Swiss company has sought for a restraint order against Indian companies from manufacturing generic drugs.

A bench of Justice Aftab Alam and Justice Ranjana Prakas Desai heard the arguments of Novartis and Indian companies for over two and a half months before reserving its verdict on December 4 last.

The judgment on Novartis’s petition would have far-reaching consequences on the availability of affordable drugs in India.

A month’s dose of Glivec costs around Rs.1.2 lakh, whereas generic medicines produced in India by local drug manufacturers is just Rs.8,000.

A patent on the new form could give Novartis a 20-year monopoly on the drug.


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