Business Standard
Thursday, Feb 16, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Novartis moves SC against Glivec order
BS Reporter / New Delhi Aug 29, 2009, 00:15 IST

Swiss drug major Novartis has approached the Supreme Court against a decision of the country’s apex patent complaint redressal forum, the Intellectual Property Appellate Board (IPAB), to deny patent protection for its cancer medicine, Glivec. The court is expected to take up the case for hearing on August 31.

The special leave petition (SLP) filed by Novartis said the basis for the denial of patent was not applicable in the case of Glivec.

BSE | NSE
Price  
novartis
“Novartis believes that Section 3(d), the Indian legal paragraph intended as a hurdle for 'evergreening', is not applicable at all to the breakthrough medicine Glivec. The beta crystal form of Imatinib mesylate is the active ingredient of the genuine breakthrough medicine Glivec. No other drug comprising Imatinib was available anywhere in the world before Glivec was launched,” said a Novartis press release.

Novartis also said it objected to IPAB’s contention, citing Section 3(b), that the price of the drug is “too unaffordable".

The company said the price was irrelevant in the case of Glivec as “99 per cent of all Glivec patients in India — currently more than 11,000 — have been receiving their medicine free of charge through the Glivec International Patient Assistance Program (GIPAP) since 2002”.

Glivec is among the first and most contentious patent battles in pharmaceutical sector after India changed its patent laws to comply with its obligations to the World Trade Organisation in 2005.

In 1998, Novartis filed a patent application in India for a product patent on the beta-crystalline form of imatinib mesylate (Glivec). As India did not recognise product patents for pharmaceuticals, this patent application was to be examined only after 2005. In 2003, Novartis obtained exclusive marketing right for the medicine based on this patent application.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets extend losses, RIL down 3%
- Prof Deepak Malhotra talks about building trust in negotiations
- UIDAI next focus on services and applications
- Goldman Sachs downgrades Maruti to sell
- Zinc sheds 0.6% on weak global cues
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- Save over Rs.3000 with IndianOil Citibank Card
- We live for our family. have you secured them?
- India's No. 1 Property Site. Click here to know more..
- Diseases earlier, Saving Costs, Extending Lives. Know More..
- Get 5% cashback on telephone bills with Citi
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Medium-sized businesses are the engines of a smarter planet.
- Be part of it The World's Largest Aircraft.
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Office 365 for professionals and small businesses.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
- Health is Wealth..... Insurance + Savings... Know More...
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- Kanika Datta: The importance of being SRK
- Leela parts ways with Kempinski
- Nestle: Food for thought
- Tailor-made but not good enough
- Tata Motors soars to record level as JLR propels profit
 
 More  
BUSINESS STANDARD INDIA 2012
  Now available at Special price
  Rs.395/- Only
  Buy Now
  Now available on the Kindle Store...
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us