BDR Pharma seeks licence to sell version of a cancer drug

Company to resort to TRIPS agreement mandate to sell the cancer drug

Reuters Mumbai
Last Updated : Mar 18 2013 | 5:58 PM IST

BDR Pharmaceuticals International Pvt Ltd has applied to the patents office, seeking permission to sell a generic version of Bristol-Myers Squibb Co's cancer drug, dasatinib, through a so-called compulsory licence mechanism, a BDR executive said on Monday.

Under a global Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement, countries can issue compulsory licences for certain drugs that are deemed unaffordable to a large section of their populations.

Early this month, Bayer AG lost an appeal challenging the first-ever compulsory licence issued by India which allowed Natco Pharma to sell a version of the German drugmaker's cancer treatment Nexavar.

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First Published: Mar 18 2013 | 5:36 PM IST

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