Business News

Novartis under renewed pressure to end drugs trial

Mar 5, 2007, 15:15 GMT

Geneva - Shareholders of Swiss pharmaceutical company Novartis were urged Monday to force the company to drop its lawsuit against the Indian government over patent rights.

Novartis went to court in February after India refused Novartis a patent for a new version of the popular leukaemia drug Glivec.

The drugs company says it has been granted a licence in 40 other countries and is challenging Indian patent laws claiming they breach international standards for intellectual property rights.

The medical humanitarian organization Medecins sans Frontieres, MSF, claims if Novartis wins, millions of people would lose access to cheaper, generic drugs from India.

'We rely heavily on cheaper medicines from India. It is a major concern to us that Novartis' action will jeopardise access to affordable medicine in the poorest countries where we work,' said Dr Unni Karunakara, of MSF.

MSF called on Novartis shareholders, who are due to attend their annual meeting in Basel Tuesday, to put pressure on the firm to halt legal proceedings as the trial over patent law draws to an end at Chennai High Court in India.

Novartis, the world's third largest pharmaceutical company, which has provided the drug free to 99 per cent of users in India, says generics would still be available despite the court ruling and the trial was about patent law.

Thomas Wellauer, Head of Corporate Services for Novartis said when the case opened, 'Only if patents are respected can research-based organizations continue making long-term, risky investments in new medicines for patient.'

MSF buys a quarter of all its medicines, particularly for the treatment of HIV/AIDS, from India which it calls 'the pharmacy of the developing world.'

It claims more than 350,000 people have joined its campaign against Novartis including Archbishop Desmond Tutu, the German development Minister Heidemarie Wieczorek-Zeul, and the writer John le Carré as well as patients' groups and NGOs.

© 2007 dpa - Deutsche Presse-Agentur


COMMENT

blog comments powered by Disqus

Latest Headlines in Business

Older Talkback

Follow Us

Follow M&C on Pinterest

Search

Custom Search

Also Check Out

Peter Andre ready to move on

Peter Andre ready to move on
Peter Andre is finally ready to move on from ex-wife Katie Price and wonders if he has already met the person he is 'supposed' to marry. ... more

Prince William's tribute to role model Queen

Prince Williams tribute to role model Queen
Britain's Prince William has paid tribute to his grandmother Queen Elizabeth for being an 'incredible role model'. ... more

Mariah Carey's sister wants reconciliation

Mariah Careys sister wants reconciliation
Mariah Carey's estranged sister Alison is desperate to mend her rift with the singer and meet the star's twins Moroccan and Monroe for the first time. ... more

Robin Gibb had kidney failure

Robin Gibb had kidney failure
Robin Gibb's son RJ says the Bee Gees singer's death was caused by kidney and liver failure, ... more

Matthew Morrison's sexy meals

Matthew Morrisons sexy meals
Matthew Morrison thinks cooking is 'sexy' and loves sharing candlelit dinners with his girlfriend Renee Puente. ... more

Apl.de.Ap praises 'beautiful' Cheryl

Apl.de.Ap praises beautiful Cheryl
Black Eyed Peas star Apl.de.Ap thinks Cheryl Cole is a 'beautiful' woman. ... more

Queen Elizabeth loves to laugh with her grandkids

Queen Elizabeth loves to laugh with her grandkids
Britain's Queen Elizabeth loves to share a laugh with her grandchildren and find out about their lives outside of their royal duties. ... more

David Hasselhoff to buy bar for Hayley

David Hasselhoff to buy bar for Hayley
David Hasselhoff wants to buy his Welsh girlfriend Hayley Roberts a bar which he will call the Hoff & Hounds. ... more

Gavin Rossdale refuses to speak to ex after DNA test

Gavin Rossdale refuses to speak to ex after DNA test
Gavin Rossdale has refused to speak to Pearl Lowe since she allowed their daughter Daisy to take a DNA test which revealed he is her father. ... more

Gary Barlow's odd queen meetings

Gary Barlows odd queen meetings
Gary Barlow does find meeting Britain's Queen Elizabeth is 'really odd' because it can be 'relaxing'. ... more