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India-EU trade deal threatens access to life saving drugs




By Vedaa MIRAZKAR - Date : 2011-03-24 - Country : INDE - Subject : Books & Reviews - IP Field : Industrial Property


Economic Times reported on 23rd March 2011 on the INDIA-EU Trade as below:

An expert has warned that a new trade agreement between India and Europe would block access to life saving drugs for billions of people living in developing countries.

The EU wants India to adopt tough new patent protection rules for drugs so that no new generic drug could be sold in India without the permission of the company that owned the brand name version of the drug, said James Love at Knowledge Ecology International.

Not only would this have an enormous impact on the entire developing world, it would also dramatically shrink the global market for inexpensive generic drugs, [...]

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