Cheap Vee & Cee From India May Be Phased Out!

[udon]

India backs cheap drug clampdown

The Indian Parliament has moved a step closer to banning domestic firms from manufacturing low-cost generic copies of patented drugs.

Campaigners say the move will deprive millions of people around the world of access to cheap life-saving medicines.

The bill will ensure India meets World Trade Organisation (WTO) rules.

It has been approved by the parliament's lower house, but must still be sanctioned by the upper chamber before it becomes law.

The patent law will cut the lifeline to other countries

Ellen't Hoen

The new legislation will replace the current patent law, which has allowed drug makers to copy patented drugs as long as they use a different manufacturing process.

This liberal approach has helped to foster a strong drug manufacturing industry in India for more than three decades.

However, the government argues that patent recognition is an essential pre-condition for India's drug industry to further its own drug research and development or attract foreign partners.

Health activists have urged the Indian Goverment to rethink its proposals, claiming that they would see millions of Aids patients miss out on cheap medication.

Ellen't Hoen, of the relief agency Medecins Sans Frontieres, said: "Fifty percent of people with Aids in the developing world depend on generic drugs from India"

"The patent law will cut the lifeline to other countries."

Opposition walkout

The 545-member lower house passed the Patent (Amendment) Bill following a walk out by members of the Hindu nationalist opposition.

They argued the legislation was a "sell-out" to global drug firms.

The Hindu nationalist Bharatiya Janata Party (BJP) warned if passed the legislation would trigger a massive increase in the price of patented drugs.

BJP leader V.K. Malhotra said: "The government will be now responsible for the consequences of the bill and the hardships that will heap upon the people."

Speaker Somnath Chatterjee called for a vote after the Congress party-led coalition government pledged safeguards to prevent a hike in prices of crucial pharmaceutical products in India.

Commerce Miniter Kamal Nath said: "The government will have enormous powers to deal with any unusual price rise."

The vote went the way of the government after its Communist allies dropped their oppostion to the bill following concessions.

Story from BBC NEWS:

http://news.bbc.co.uk/go/pr/fr/-/2/hi/health/4372955.stm

Published: 2005/03/22 16:28:34 GMT

© BBC MMV

[poolcleaner]

India backs cheap drug clampdown

The Indian Parliament has moved a step closer to banning domestic firms from manufacturing low-cost generic copies of patented drugs.

Campaigners say the move will deprive millions of people around the world of access to cheap life-saving medicines.

The bill will ensure India meets World Trade Organisation (WTO) rules.

It has been approved by the parliament's lower house, but must still be sanctioned by the upper chamber before it becomes law.

The patent law will cut the lifeline to other countries

Ellen't Hoen 

The new legislation will replace the current patent law, which has allowed drug makers to copy patented drugs as long as they use a different manufacturing process.

This liberal approach has helped to foster a strong drug manufacturing industry in India for more than three decades.

However, the government argues that patent recognition is an essential pre-condition for India's drug industry to further its own drug research and development or attract foreign partners.

Health activists have urged the Indian Goverment to rethink its proposals, claiming that they would see millions of Aids patients miss out on cheap medication.

Ellen't Hoen, of the relief agency Medecins Sans Frontieres, said: "Fifty percent of people with Aids in the developing world depend on generic drugs from India"

"The patent law will cut the lifeline to other countries."

Opposition walkout

The 545-member lower house passed the Patent (Amendment) Bill following a walk out by members of the Hindu nationalist opposition.

They argued the legislation was a "sell-out" to global drug firms.

The Hindu nationalist Bharatiya Janata Party (BJP) warned if passed the legislation would trigger a massive increase in the price of patented drugs.

BJP leader V.K. Malhotra said: "The government will be now responsible for the consequences of the bill and the hardships that will heap upon the people."

Speaker Somnath Chatterjee called for a vote after the Congress party-led coalition government pledged safeguards to prevent a hike in prices of crucial pharmaceutical products in India.

Commerce Miniter Kamal Nath said: "The government will have enormous powers to deal with any unusual price rise."

The vote went the way of the government after its Communist allies dropped their oppostion to the bill following concessions.

Story from BBC NEWS:

http://news.bbc.co.uk/go/pr/fr/-/2/hi/health/4372955.stm

Published: 2005/03/22 16:28:34 GMT

© BBC MMV

   

<{POST_SNAPBACK}>

My supplier has assured me that the consequences of this law will take some time to come into effect so don't rush around creating a panic or you'll find the prices will skyrocket as a few greedy individuals take advantage of the scare frenzy.

[udon]

I'm sure I know you......

[ozzydom]

I'm sure I know you......

<{POST_SNAPBACK}>

Don,t sweat, there is plenty of alternate tabs available over the counter in China, recently returned with a variety of them, el cheepo,(4 x 800mg big V for 75 tbh)

plus some herbal capsules. Do they work ? do they what.

[Phil Conners]

I think Brazil is the worlds largest producer of generic medicine. If India don't want the business Brazil sure will!

[udon]

I would be very careful of drugs from China.

At least India has a good rep for copycat drugs and are legally produced.