Assignment 3 Essay Example | Topics and Well Written Essays - 1000 words - 7

Assignment 3 - Essay Example so one of the poorest states because almost 70% of its residents live on less than $2 per day (Lee 2).The Indian patent law draft, implemented in 2005 fully complies with standards of organizations such as TRIPS and WTO (Lee 2). The essay will shed more light on the Novartis AG’s patent issue with the Indian regime, whether drug companies should have multiple patents and if the court’s ruling was called for. In 2006, cancer patients, lawyers and non-governmental organizations convened at the Novartis offices in India, hailing the court’s move of rejecting Novartis’ case where the company had sued Indian patent offices for declining its application to manufacture Glivec drugs (Lee 6). This is because according to health official, by granting Novartis a patent, the drug would become expensive for many people not only in India but also in the entire world. Novartis’ move was not only an appeal against Indian patent offices but also aimed at TRIPS who according to Novartis have an incompatible and unconstitutional section 3(d), a statement that the high court refuted vehemently (Basheer & Reddy 5). Section 3(d), which according to the patents Act states that new substances ought to show greater efficacy to be patentable (Basheer & Reddy 5). Novartis on its part argues that the section be redrafted because some words such as â€Å"efficacy† are too general and ent ail clear definition for better understanding (Basheer & Reddy 5). According to researches so far conducted, Glivec is one of the best drugs ever manufactured by Novartis. Its main role is to treat Chronic Myeloid Leukemia (CML), a disease known to affect approximately 5,000 people in the United States annually (Lee 18). The drug works much better compared to others because it not only dissolves faster but also targets cancer proteins besides being ten times faster and effective (Lee 18). In 1993, Novartis applied for patents in many states globally but not in India because the nation’s 1970 Act