India's Drug Sector Tackles New Patent Regime

The Indian pharmaceutical sector has begun its seismic shake-up following the introduction of new laws granting patent protection to medicines on Jan. 1. As expected, around 12,000 patent applications have been filed by multinational pharmaceutical companies for their patented drugs that are sold in India as generics, and companies that have built their business on copying in-patent drugs for the domestic market are expected to be hit hard.

Big News Network (http://feeds.bignewsnetwork.com/redir.php?jid=e68076b1bc572248&cat=6dcd932030878143)