TV News LIES

Monday, Jul 25th

Last update05:20:13 AM GMT

You are here News Health Why Chemotherapy That Costs $70,000 in the U.S. Costs $2,500 in India

Why Chemotherapy That Costs $70,000 in the U.S. Costs $2,500 in India

E-mail Print PDF

chemotherapyWhy does Gleevec, a leukemia drug that costs $70,000 per year in the United States, cost just $2,500 in India?

It's seemingly simple. Gleevec is under patent in the U.S., but not in India. Accordingly, Novartis, its Swiss-based manufacturer, may prevent competitors from making and selling lower-cost versions of the drug in the U.S., but not in India.

Last week, India's highest court rejected an application to patent Gleevec. While the legal issue in the case is important -- the patentability of modifications to existing drugs under Indian law -- the impact of the decision will likely be broader than just that issue, escalating a long-simmering fight over patented cancer medications in emerging market.

Rejecting the Gleevec patent application is not the only step that the Indian government has taken to circumvent patents on cancer drugs. Last year, India issued a compulsory license on Nexavar, a late-stage kidney and liver cancer treatment, enabling a local drug firm to produce a generic version of this medicine without the permission of Bayer, the patent holder. India has recently announced plans to grant compulsory licenses on another leukemia drug and two breast cancer therapies.

More...


Most Recent Related Stories...


Medicare safeguard overwhelmed by pricey drugs

Medicare drug costsA safeguard for Medicare beneficiaries has become a way for drugmakers to get paid billions of...

Seven US cities losing their doctors

Cities losing doctorsAs the U.S. population continues to grow — and age — demand for health care services...

Johnson & Johnson subsidiary pays $18 million to U.S. in settlement

Johnson & Johnson pays $18mJohnson & Johnson's subsidiary Acclarent, paid $18 million to resolve allegations the company marketed a medical...

$1 Billion Health Care Fraud Took Advantage Of Medicare In Florida

Miami Medicaid fraudThe Justice Department calls is the largest criminal health care fraud case ever brought against individual...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!