Tag Articles

Intellectual property board hears Bayer vs compulsory licencing case, verdict awaited

September 8, 2012
The Intellectual Property Appellate Board (IPAB) in Chennai has concluded the hearing of Bayer’s appeal against the Indian Patent Office’s compulsory licencing case. The German drug giant had appealed against the Patent …

Cipla to continue slashing cancer drug prices

May 9, 2012
When Cipla, the second largest pharma company in India, announced that it is slashing prices of three anti-cancer drugs used to treat brain, lung and kidney cancer it sent shockwaves in the pharma world. Cipla’s move will …

Bayer challenges ‘compulsory license’ ruling

May 8, 2012
Bayer AG isn’t going to take the compulsory licensing verdict lying down. In March, the Indian Patent Office, in a game-changing ruling allowed Natco, an Indian firm to replicate Bayer’s blockbuster cancer drug Nexavar. This …

Compulsory licensing effect: Cipla slashes price of generic cancer drug by 80%!

May 5, 2012
Cipla, one of the biggest Indian pharmaceutical companies today announced that they have reduced the price of the generic drug, Soranib from Rs 28,000 to Rs 6,840, a decrease of almost 80%. This move seems to be influenced by the …