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Judi Lynn

(160,515 posts)
Mon Dec 15, 2014, 04:20 AM Dec 2014

Crippling Dominance of Big Pharma, Indian Judge Blocks Bayer's Drug Monopoly Bid

Published on Saturday, December 13, 2014

by Common Dreams

Crippling Dominance of Big Pharma, Indian Judge Blocks Bayer's Drug Monopoly Bid

Judge upholds ruling which protects interests of public health over intellectual property

by Lauren McCauley, staff writer

In a move that advocates are saying is a "momentous" win for public health, an Indian court on Friday rejected a bid from multinational pharmaceutical giant Bayer to block a local generic drug company from mimicking their costly cancer drug.

Bayer had attempted to appeal a 2012 decision by India's patent controller, who had argued the monthly $5,500-per-person cost charged by Bayer for the liver and kidney drug Nexevar was too costly for most Indians. The Hyderabad-based Natco Pharma's version of the drug costs roughly 97% less.

Friday's court's decision highlights India's "critical role" in "balancing intellectual property and public health," Leena Menghaney, South Asia regional head of Medicins San Frontieres (MSF)/ Doctor's Without Borders' regional access campaign, told AFP.

Observers are saying that the decision may have far-reaching impact on the drug market because of India's dominance in the pharmaceutical industry. AFP reports:


India'a Lawyers' Collective, another rights group, said the "momentous" judgement held wide-ranging implications for access to other medicines.

India's vast generics industry is a major supplier of cheap copycat, life-saving drugs to treat diabetes, cancer and other diseases afflicting people locally and globally who cannot afford expensive branded versions.

This work is licensed under a Creative Commons Attribution-Share Alike 3.0 License

http://www.commondreams.org/news/2014/12/13/crippling-dominance-big-pharma-indian-judge-blocks-bayers-drug-monopoly-bid
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Crippling Dominance of Big Pharma, Indian Judge Blocks Bayer's Drug Monopoly Bid (Original Post) Judi Lynn Dec 2014 OP
I believe this is one of the reasons that India is not part of the TPP - generic drugs, under the djean111 Dec 2014 #1
 

djean111

(14,255 posts)
1. I believe this is one of the reasons that India is not part of the TPP - generic drugs, under the
Mon Dec 15, 2014, 08:54 AM
Dec 2014

TPP, will either disappear or skyrocket in price. America wants to use the TPP to restrict low-priced generic drugs to just infectious epidemics.
The Pharma logic is revolting - since they gouge Americans, it is not fair that other countries are not also gouged. They frame it as the poor of America are subsidizing the poor of other countries. Like Pharma doesn't mark up drugs at will, as long as the insurance companies will pay and pass the cost along as higher premiums or co-pays. Like taxpayers don't subsidize Pharma, and most of their real costs are advertising and bloated profits.

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