Thursday, March 6, 2014

Compulsory Licenses

Compulsory Licenses are a provision in international patent norms, including the WTO's TRIPS agreement, under which a govt. permits someone else to manufacture the patented product without the consent of the patent owner; usually to lower the prices of life saving drugs and increase access to them.

# Novartis's drug Glivec was denied patent protection by the supreme court.

# India granted a compulsory license to Bayer's drug Nexavar, which treats kidney and liver cancer.


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