The unhealthy legacy of process patents

Mumbai's Jaslok Hospital has advised its doctors not to prescribe medicine made by Ranbaxy Laboratories to their patients. Apollo Pharmacy, the country's largest chain of drug stores, has stopped selling Ranbaxy medicine and has suspended procurement from the company. This comes after Ranbaxy, now majority-owned by Daiichi Sankyo of Japan, paid $500 million in the US for fudging data while seeking approvals from the Food and Drug Administration to launch products there.

Read Full Story>>