BDR Pharma seeks licence to sell version of a cancer drug
Company to resort to TRIPS agreement mandate to sell the cancer drug
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Company to resort to TRIPS agreement mandate to sell the cancer drug
)
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.
First Published: Mar 18 2013 | 5:36 PM IST