Delhi High Court has cleared the way for Zydus Lifesciences to proceed with the sale of its version of the cancer drug nivolumab in India. nivolumab is used to treat several types of cancer by activating the body's immune system to target carcinogenic cells.
At the heart of this debate is Section 3(d) of the Patents Act, a safeguard designed to prevent drugmakers from extending monopoly protection through trivial modifications to existing medicines.
New Zealander Kane Russell struck a hat-trick, including a late penalty corner conversion, to help HIL GC edge past SG Pipers 3-2 in a thrilling men's Hockey India League match in Chennai on Monday.
For patients, the immediate impact is a reduction in the final cost of therapies that often run into lakhs per month.
JSW Soorma Hockey Club earned a comprehensive 5-1 victory over Delhi SG Pipers in the Women's Hockey India League.
Women's HIL: Odisha Warriors beat Soorma Hockey Club in shootout
Odisha Warriors emerged victorious in the inaugural Women's Hockey India League, securing a hard-fought 2-1 win over JSW Soorma Hockey Club in the final.
Prime Minister Narendra Modi urged CEOs of US majors to take advantage of India's growth story as the country is making all efforts to become the third largest economy of the world in his third term. India is currently the fifth largest economy of the world after the US, China, Germany and Japan with a GDP of around $3.9 trillion. India has been the fastest growing large economies of the world with GDP growth rate of over 7 per cent for the last three consecutive years.
'It is not just the US and European opportunity, but it is a huge global opportunity.'
Dinesh Thakur says he waved the red flag only after Ranbaxy didn't respond to his concerns.
Companies say they follow global standards in India as well
Even as some major global pharmaceutical majors like Novartis say India's patent laws are weak and a hurdle to their investment plans for the country
Continuing with its push in the US market, Ranbaxy Laboratories said on Monday it has acquired the marketing rights for 13 skincare products from Bristol-Myers Squibb Company for $26 million.
Ranbaxy earned $114 million from its US operations in 2006. It launched 10 new products during the year. The company said that the revenues from the sale of the newly acquired brands would be reflected from the next quarter.
Eli Lily, Sanofi Aventis, Bristol Myers approach chemicals ministry.
Aurobindo Pharma has received licences from Bristol Myers Squibb Co to market two anti-AIDS drugs in 49 countries.
Lobby group tells USTR it has got assurance from India on compulsory licensing.
Take a look at the nominees!
India is not so keen to co-operate with the US on IPR related probe.
Sensex lost 184 points to trade at 23,878 and the Nifty has dropped 55 points to quote at 7,254.
Delegation visit ahead of patent law report.
Nebraska is not merely a black comedy, but one laced with light, with hope, with brightness. Black and White, then. Sometimes they do make 'em like they used.
India and the US on Sunday agreed to enhance their engagement on intellectual property rights, a vexed issue between the two countries.
A look at the hopefuls this year!
The 86th Annual Academy Awards have been announced. Here's a quick glance at the winners.
The 71th Annual Golden Globe awards have been announced. There have been quite a few surprises and some expected nods.
Amazon CEO Jeff Bezos has been ranked as the world's best performing CEO.
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