Indian Patent Laws and the Domestic Pharmaceutical Industry

Pharmaceutical industry plays a crucial role in maintaining health and well-being of the people. The present book is an attempt to give common reader an idea of the pharmaceutical industry. It also provides insight on numerous related issues of the industry like how patent laws affect pharmaceutical industry? Why patent protection is important for the pharmaceutical industry? The readers have to answer the question that; what degree of patent protection is required for the pharmaceutical industry? The book is useful for both healthcare professionals and common readers as well. The Pharmaceutical landscape changed altogether in 1970, when Patent Act 1970 was implemented in India. The Act made it possible for the Indian pharmaceutical companies to manufacture any of the blockbuster molecules by slightly modifying the manufacturing process and getting the process patented. However, this patent protection was completely removed in 2005 to comply with the WTO. The book describes the audacious journey of the Indian pharmaceutical industry.