TV News LIES

Monday, Aug 29th

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...


W. Virginia recovering addicts wage legal battle over prescription use

W Va. addicts wage legal battleWilbert Hatcher admits he broke the law.In the depths of a decade-long addiction to prescription opioid...

EpiPen maker offers patients $300 savings cards

EpiPen discount cardMylan N.V., makers of the anti-allergic reaction EpiPen, announced programs Thursday to lower the device's cost...

225+ heroin overdoses in 4 counties in 4 states in 1 week

Heroin overdose epidemicAn overdose crisis in the past week has left police and emergency responders here drained and...

Monsanto pulls new GM cotton seed from India in protest

Monsanto pulls GM seed from IndiaMonsanto Co (MON.N) has withdrawn an application seeking approval for its next generation of genetically modified...
 
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!