If Gleevec was refused a patent, it is only because it failed the test of Indian law. India’s Supreme Court rejected drug maker Novartis AG’s attempt to patent a new version of a cancer drug Gleevec, in a landmark decision that healthcare activists say ensures poor patients around the world will get continued access to
(Reuters) – India’s Natco Pharma Ltd has formally asked the Indian patent office to deny U.S. drugmaker Gilead Sciences Inc’s new hepatitis C drug Sovaldi a patent in India, a source with direct knowledge of the matter said. If successful, the move could clear the way for the Indian company to launch a cheap generic version of the drug. Gilead,
Sometimes we get confused between – Invention and Innovation. We think that the words invention and innovation is same and can be used interchangeably. But there is a very thin line of difference between them. An invention is a new idea or a new discovery while an innovation is an improvement over the existing discoveries.
Synopsis: Introduction of “Small entity” – The new term “small entity has been added” as another applicant. The section 7 clause (a) and (b) of Micro, small and medium enterprises act 2006 states: 1) Notwithstanding anything contained in section 11B of the Industries (Development and Regulation) Act, 1951, the Central Government may, for the purposes of