Pharma Patents and Medicine Equity in India
Keywords:
Pharmacy, Patent, Medicines, Equity, Society, InterestsAbstract
Pharmacy is a very important sector in Indian Economy and with the bulging population which the country has, its viability attains seemingly greater heights each time. The recent coronavirus pandemic has questioned the entire pharmaceutical regime of the world and disparities between the countries have become even more apparent in dealing with medical emergencies. The role of IPR in this sector stems from the need to on rights to inventing a particular medicine, regulate its sale and reach cross borders with the business arising out of it. Medicines are the lifesaving boons for the human civilisation – ever since days of ancient civilisations, medicines have been prepared to combat mortality and increase lifespan and the quality of life as well. These drugs need to be analysed in terms of relating them with their inventors by way of patents. Considerations of individual interests juxtapose societal and public interests at large, wherein our research proposition finds its place.
How to cite this article: Moitra M, Chatterjee A. Pharma Patents and Medicine Equity in India. Rec Trends Pharm Tech Ind 2022; 4(2): 1-4.
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