pharma industry, patents and wto regime – an indian context

footlickertreeBiotechnology

Dec 3, 2012 (4 years and 4 months ago)

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PHARMA INDUSTRY, PATENTS AND WTO REGIME


AN INDIAN
CONTEXT

S
Goswami, Associate Professor, Institute of Technology & Science,

G
haziabad

sgitsgzb@yahoo.com


P
atents and patent strategies are playing a bigger role
in information technologies as
in
biotechnology and life sciences, telecommunication, the internet and computers. These
technologies are

spreading

into every nook and corner, entering all aspects of
daily life,
from food and medicine to video conferencing
and

to
travel itinerary on the web.

The
new products and services offered use technologies from previously segregated markets.
As a result, the nature of competition among businesses is changing.


The process of liberaliz
ation initiated in 1991 has helped
develop policies that are hooked
to get capital from abroad, FDI in particular. India is making her niche felt in the global
market for Pharmaceuticals
,

for example

by

competing
adhering to

international quality
standards and prices. R &D is important in t
his scenario to get a competitive edge
;

but
then patent protection is also

important for the future of

Indian Pharmaceutical Industry.
T
o compete,
sometimes the
companies are acquiring interests in other companies
,

in the
process collecting new skills
,

whi
le
yet
other
times
companies, even former competitors
and arch enemies
,

are partnering with each other. In such a situation, patents hinder
competitors from using the developed technology; it is also a shield to preempt others
from any aggression moves. Ho
wever
,

in general there are worries
about patents,
consequent price rise, R&D, FDI, technology transfer and the like.