IndiaPost_04-12-2013

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Sunita Williams for US-India space collaboration Details on page 8

Holi Hungama at Fremont Hindu Temple

VOL 18, No. 969

April 12, 2013

50¢

Periodical Postage

NOVARTIS LOSES INDIA PATENT BATTLE NEW DELHI: Swiss pharma major Novartis AG has lost a seven-year long legal battle for getting its blood cancer drug Glivec patented in India and to restrain Indian companies from manufacturing generic drugs, with the Supreme Court rejecting the multinational company's plea. A bench of justices Aftab Alam and Ranjana Prakash Desai dismissed the claim of the Swiss firm for getting exclusive rights for manufacturing the cancer drug on the ground that a new substance has been used in the medicine. The judgment, which was keenly watched by pharma companies across the world, will clear hurdles coming in the way for the manufacture of generic drugs in India for

cancer patients. While a one-month dose of Glivec costs around Rs 1.2 lakh generic drugs, manufactured by Indian companies, for the same period are priced at Rs 8,000. Advocate Pratibha Singh, appearing for Indian drug firms Ranbaxy and Cipla which had opposed Novartis' plea, said that the judgment is a victory for Indian companies as they can now manufacture cheaper drugs so long as there is no patent over a medicine. "Patents will now be granted only for genuine inventions and not on repetitive inventions. The Supreme Court said there was no new invention in the Novartis' drug," she said. Details on page 5

Srikanth Sri Srinivasan

Indian American to be 1st S. Asian circuit court judge Details on page 7

State to State ties adding to India-US ties

Details on page 21 Details on page 7

New MCI test discriminatory to NRI students

US refuses to name 1984 riots as genocide

Details on page 10 Details on page 9

Asian-American students outperform others

CONTENTS Bollywood ---------------------- 28-29 Classifieds ------------------------- 47

Details on page 9

Community Post -------------- 16-26 Date Book -------------------------- 27 Edit Page --------------------------- 54

INDIA POST SURVEY

HealthScience Post --------- 32-36

survey@indiapost.com

Horoscope ------------------------- 52

This week’s question

Immigration Post ------------- 43-46

Novartis verdict will have world-wide impact?

Life Style ----------------------- 48-50 Philosophy ------------------------- 53

Last week’s result

Will India delays harm investments? YES 64%

NO 36%

PRAISE FOR GUJARAT MODEL: Three US Congressmen - Aaron Schock, Cynthia Lummis and Cathy M Rodgers - in

Publisher’s Diary ------------------ 4

animated discussion with Gujarat Chief Minister Narendra Modi when they called on him in Gandhinagar, Gujarat, on March 28. They were heading an 18-member high-level US delegation which included top industrialists. (Details on page 6)

Real Estate -------------------- 30-31 TechBiz Post ------------------- 12-14 Travel & Hospitality Post ---- 39-42

Certified by “CIRCULATION VERIFICATION COUNCIL Readership 117,765”


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