[Ip-health] Economic Times: Compulsory licensing hit India’s image: Hetero Pharma

Chee Yoke Ling yokeling at twnetwork.org
Tue Mar 31 05:27:44 PDT 2015


i wonder where the $10 billion figure comes from??

On Mar 31, 2015, at 7:49 PM, Thiru Balasubramaniam <thiru at keionline.org> wrote:

> http://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/compulsory-licensing-hit-indias-image-hetero-pharma/articleshow/46751947.cms
> 
> MUMBAI: In what is seen as a contrarian stand adopted by an Indian drug
> maker over intellectual property (IP), Hyderabad based Hetero Pharma said
> that the country has lost nearly $10 billion worth of investment by not
> respecting IP norms. "The Compulsory Licence (CL) that we issued did more
> harm to our image than actually helped patients," Srinivas Reddy, director,
> Hetero Pharma, told ET.
> 
> 
> 
> Read more at:
> http://economictimes.indiatimes.com/articleshow/46751947.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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