TRIPS throws a new challenge to the competitiveness and profitability of Indian pharma industry as it ended decades of protection by terminating reverse-engineering. The effect of TRIPS on FDI, R&D, technology transfer, etc. is also not clear. More importantly, the new IP regime may have far-reaching consequences on accessibility & affordability of drugs to the poor in developing and LDCs. The book is divided into three essays. The first essay investigates the emerging firm strategies of the Indian pharma industry to overcome the challenge posed by the new IP regime, and concludes that the...