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Tax agriculture Intellectual of rare qualities Secularism and anti-Hinduism Naidu’s return augurs well for Seemandhra When nations steal growth from one another… Kudos to NDTV... Dr C Rangarajan returns to Chennai A proud Madrasi Building loyalty through the stomach Alexa – Talking Wikipedia A Grand Finale for SN’s MS centenary at the US… Valli, they are more marginalised L&T: focus on infrastructure and more infrastructure… Discoms deserve better… Mersal magnified EVM is tamper-proof Editor's Notes Pharma – overdose of copying This scant respect for Law An inexplicable neglect Breaththrough in malaria control The brown list of Venkitaramanan PPP mode for upgrading Corporation Hospitals Odisha: spectacular win by Naveen Patnaik Poor quality of university VCs More heat than light Whistle-Stop Tour of Raghuram Rajan Increasing non co-operation of state leaders Multi-faceted Venkat to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Roaring Ro-Ro facility For whom the MIDS bell tolls? Like Hinduism: many paths to reach God... Modi storms Silicon Valley Land reclamation from sea appears cheaper! He continues the focus on social amelioration Road development slows down Insurance companies bleeding, yet no decision on increasing FDI limit! Modi and the lady Measuring roof tops in terms of KW/MW TN accounts for the largest recruits by the IT sector CSR and CMI: promise of another Srinivasan Ramanujan... London, London Narayan R Sridhar steps down as CEO of Shriram Capital Return to king coal for urea... Sweet news for TN sugar mills The balancing act Silver Years of Madras Musings The Jan Dhan bonanza Protest masters... How Air-India loses customs... Another Indian music maestro at the UN Limit foreign borrowings to hi-tech, export potential projects... Naidu will soon build a new Hyderabad Quality silica from Neyveli The ‘Ayyo-yes’ is no more Waning interest in public discussions… Align crops to agro climate endowments… Welcome GST Revving up the manufacturing sector Lalu’s envy, India’s pride Making ‘my Amaravati’... Things happen by accident and not by design... Tihar, Puzhal not different from Parappana Agrahara Polls and promises Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Revive development banks... Computation of GDP – conundrums continue Nuclear power at the nucleus Fortune for Indian Airlines No engine for this car The nuclear option Russi Mody – a tribute …and of a popular trade leader An enemy’s enemy is a friend New IT products of Ramco in the pipeline… Medical costs hit the roof... Inflation: are we emulating Argentina and Brazil? 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A friendly business group Rs.1600 crore paper board plant of TNPL EEC at the National Media Centre Convulsions in The Hindu Preserving for the future Tatas moving out of urea production... Delhi returns to BJP Music happens Strengthen the base... CII projects higher growth… TN – agglomerate land holdings without alienating ownership When TN politicians can emulate Kerala's Fortune 500 review Robber barons everywhere An informal presentation - analytical, forward locking... Fuel for thought More Shakthi to Das’ elbow Should we change the official year? Excel Generators provide the vital back-up More Shakti to resource mobilisation... Where is Rajaji? When Ratan Tata visited SRM Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Scientists urged to take up farmer-oriented research Wanted: a second airport for Chennai A Grand Finale for SN’s MS centenary at the US… MHC should not return to its old indisciplined ways Cleaning Ganga – relocate tanneries and install electric crematoria Fall in crude prices help in oil sector reform L&T- the specialty of special purpose vehicles Marketing expert Balagopal is no more Gay abandon in pricing A professional at the helm of IRDA... The Swadeshi Trump Solar, solar everywhere … Moily’s bold thrust Welcome changes that testify to Jayalalithaa’s return to health Where a state respects its litterateurs… Godspeed, Chief Minister JJ Sri Lanka votes for change Adharma of opposition politics Diamond jubilee of Egmore Samskrt School Kinetic Karnataka IPL type auction for VCs? Demise of a media baron... Lesson from Chandrababu Naidu Shipping woes of Chennai companies Tribute – UCAL Selvan… Poor representation for Kerala and TN in Cabinet Quality education through the PPP mode Wise Presidents Focus on quality of power - its only around 170-180V Shale gas and its shallow future West Bengal: mindless malignancy Gas is the way forward Adapt Vajpayee dinner diplomacy A C Muthiah – his munificent bequeaths to science Recognition to role of NBFCs.... A welcome initiative by the judiciary Air Asia India will set new benchmarks for budget travel Remembering Indira Sivasailam... Boy, can you beat these? No mega rail project for Tamil Nadu Mu Sigma – is no more Cement prices continue to rise… Sweeter prospects for sugar Contrarian cousins All eyes on Sankara Nethralaya Haul over the coal Delhi is distant… Tribute GM Technology at last! The star of Spencers is no more Liberal imports idling indigenous capacities When small is no larger beautiful.. TELANGANA at last…BUT A glass full of corruption S V Raju – a ‘good’ true liberal B H Kothari - a tribute Tribute – M V Murugappan Noble nonagenarians... Funding the un-funded Five star activism stalls development activity Don’t seem to feel the pulse… Tough task taking states together Muffled voices for merit… Vibrant Gujarat TN-leverage strength of BHEL, NLC... For whom the bell tolls? Streamlining mandatory third party cover Kulandai was a giant The Ports’ Pasha expands into Tamil Nadu Permanent secretariat for TN GIM A more liberated TN… More tributes to GR TGS- The king storyteller Bihar elections - the Rajaji formula worked There was flood of milk. Reason: no milk commissioner! When online building permits work…. The few handicaps... Online not in line with brick and mortar businesses... The power-full Hindujas Why land prices zoom in TN? Editor's Says Not just in-laws (and outlaws); they’ve renowned academics at the helm! Come elections, come advertisements...
 
Pharma – overdose of copying

In the initial formative years, pharma companies in India worked on copying branded drugs through reverse engineering and sold many drugs as generics.  This helped several Indian companies like Ranbaxy and Dr Reddy’s Laboratories build large volumes and profitable operations. They have been able to sell many branded products of the west as generics at low prices in India. For years, Indian pharma companies flourished.

Disappointingly, these did not focus simultaneously on research to formulate new molecules and new drugs, which are admittedly expensive.

Large pharma companies in the US and Europe were affected by such extensive copying and violation of intellectual property rights. They  spent

$ 500 million and more for discovering a new drug over a decade. The costs were admittedly high and involved extensive research over multi disciplines. The IPR regulations were also strictly followed in the US and European countries. The sanctity of IPR was respected by the leading drug companies.

Understandably, these companies have been deeply affected by the mindless copying of their prized products.  They adopted a three-pronged strategy to hit back:

•    The first one was to buy outright large Indian companies like Ranbaxy.

•    The second was to file a number of court cases on violations of FDA Rules of USA in regard to quality and ethical issues. These impacted on the operations of companies including Ranbaxy and Dr Reddy’s Laboratories.

• The third was to buy out increasing proportion of shares of companies with a view to influencing policies from within.

These strategies have cumulatively impacted severely on several Indian drug companies. Apart from Ranbaxy and Dr Reddy’s Labs, Orchid Pharma has passed control to Hospira, USA. Other companies that have been growing fast like Aurobindo Pharma are also under threat.

Leading scientist Dr G Thyagarajan, who has made rich contributions to the Indian pharma and chemical industries, holds the Indian pharma companies responsible for this sad state of affairs. He points to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines, said GT.

 

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