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Indian Pharma
Essay specific features
Written by:
Esther F
Date added:
August 9, 2016
Level:
College
Grade:
A
No of pages / words:
1 / 229
Was viewed:
7791 times
Rating of current essay:
Essay content:
All these facets pose challenge to drug industry. India being a party to TRIPS Agreement these changes are to be effected by January, 2005.
Incidentally, it may be mentioned that prior to 1970, Indian Patent Act provided for product patent. Since development of new molecule requires huge investment, which was beyond the capacity of pharma industry, the R&D activities did not pick up at desired pace...
displayed 300 characters
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Since development of new molecule requires huge investment, which was beyond the capacity of pharma industry, the R&D activities did not pick up at desired pace. The 1970 Act provided for the Process Patent for certain areas including drugs and pharmaceuticals permitting making of the drugs through alternate process...
displayed 300 characters
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