* Functions hooked into colormag_action_head action. * * @hooked colormag_head - 10 */ do_action( 'colormag_action_head' ); ?> Patented Medicines – Mumbai Aaspaas English
Business

Patented Medicines

Compulsory licenses are granted according to the provisions of the Patents Act, 1970 and the term ‘Mandatory License’ is not used under the Act. Till date, one Compulsory License has been granted by the Controller of Patents under Section 84 of the Patents Act 1970 to M/s. NATCO Pharma, Hyderabad on 9-3-2012 for Indian Patent No. 215758 (Carboxyaryl substituted diphenyl ureas) which was granted to M/s. Bayer Corporation on 03-03-2008.

The drug covered under this patent is “Sorafenibtosylate” and sold under the brand name “NEXAVAR”, isused for the treatment of kidney and liver cancer.

Compulsory Licenses are issued as per the provisions in the Patents Act, 1970. There is no specific proposal pending at present before the Government for the grant of a compulsory license.

This information was given by the Minister of State of Commerce and Industry, C. R. Chaudhary, in a written reply in the Lok Sabha today.

Leave a Reply

Your email address will not be published. Required fields are marked *