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Analysis: Big Pharma down, not out, after Indian patent blow

Started by riky, April 03, 2013, 09:00:16 AM

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riky

Analysis: Big Pharma down, not out, after Indian patent blow

<p><a href="http://news.yahoo.com/analysis-big-pharma-down-not-indian-patent-blow-145353010--finance.html"><img src="http://l2.yimg.com/bt/api/res/1.2/gJqHnpD01IkhVBZOzXIQUA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-02T195258Z_2_CBRE93115U700_RTROPTP_2_INDIA-PHARMACEUTICALS.JPG" width="130" height="86" alt="Man buys cancer drug Glivec for a relative who is suffering from cancer at a pharmacy in a government-run hospital in Ahmedabad" align="left" title="Man buys cancer drug Glivec for a relative who is suffering from cancer at a pharmacy in a government-run hospital in Ahmedabad" border="0" /></a>By Ben Hirschler and Kaustubh Kulkarni LONDON/MUMBAI (Reuters) - Stung by a landmark patent defeat, Western drugmakers will be wary about launching new products in India, but they cannot afford to quit a country tipped to be the world's eighth largest market for medicines by 2016. Makers of patented drugs will in future have to get more creative about doing business in India, including striking deals with local firms to sell cheaper versions of their drugs, industry experts believe. ...</p><br clear="all"/>

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