After India became a founder member of WTO and accepted the TRIPS agreement, It was apprehended that introduction of pharmaceutical product patents would have a negative impact on the Indian pharmaceutical industry by hampering its growth as the industry would no longer be able to manufacture by reverse engineering or export drugs whose product patents are in effect. However, the stronger patent regime proved a blessing in disguise for the Indian pharmaceutical industry. Contrary to expectations, the Indian pharmaceutical industry has shown a remarkable growth in Exports & R&D. The industry...
After India became a founder member of WTO and accepted the TRIPS agreement, It was apprehended that introduction of pharmaceutical product patents wo...
