| Author | Message | ||
Rocketk2 Side Hero Username: Rocketk2 Post Number: 3361 Registered: 03-2014 Posted From: 166.137.252.33 Rating: N/A |
I agree. Govt patent protection ichinappudu.. price regulate chese authority kuda vundali ..Kani that is another can of worms!!! Strong and greedy pharma lobby bagane favorAble decisions techukuntundhi govt . nuncji End of the day ... this is ethical pricing dilemma!! | ||
Andhravodu Side Hero Username: Andhravodu Post Number: 4497 Registered: 07-2015 Posted From: 69.62.241.11 Rating: N/A |
Initial testing and etc ki average 7 years padutundi FDA Patent is for 12 years, so you risk for 7 years and then 5 year profits, if you get FDA approval. Most of them fail studies Now a days pharma companies where they succeed in making money is changing the Original formula a little and apply as new drug. FDA then grants another 12years patent. This process is called evergreening Indian supreme court dobbey andi for this evergreening, and said public interest prevails if at all pharma companies do overaction. India lo noru moosukuni naduputunnaru. But ee policy valla some extreme cases ki drugs levu | ||
Mental_sachinodu Hero Username: Mental_sachinodu Post Number: 19300 Registered: 10-2008 Posted From: 50.241.19.41 Rating: N/A |
I understand the process vunkl, there is a genuine reason for the way system works, but every now and then it gets exploited. Im merely saying it is being exploited in this case. The company was selling the drug for a reasonable price and then another company buys it out, jacks the price using patent laws. its regular process in most businesses. | ||
Rajusk Legend Username: Rajusk Post Number: 52489 Registered: 02-2008 Posted From: 170.74.248.21 Rating: N/A |
samayaniki maa Mallik kurrod ledu..lekunte..full detailed gaa seppevodu.. i agree that discovery costs need to be recovered and innovation should be valued and rewarded.. but not 200% over..for 20+ years..(ade problem anukonta mostly) | ||
Rocketk2 Side Hero Username: Rocketk2 Post Number: 3360 Registered: 03-2014 Posted From: 166.137.252.33 Rating: N/A |
drug discovery and development is a long drawn out process .. total discovery nunchi 3 phases of clinical trial ayyaelopu lot of costs are incurred and hot rate of a drug getting thru the FDA approval is very small. That is the reason patent protects the company from generics competition for 'fixed amount of time' Lot of pharma companies does not even participate in the discovery process. They purchase the drug after it has been thru 2 or 3rd phase. Drug preparation is easy only if you know what you are preparing. Akkada Dhaka Chala tattangam vundhi kadha.... I don't know if I addressed your question | ||
Rajusk Legend Username: Rajusk Post Number: 52488 Registered: 02-2008 Posted From: 170.74.248.21 Rating: N/A |
India 2005 lo ne bended to WHO kada.. anthaka mundu manadi Process patenting..so manollu vichala vidiga ..Process patenting tho generic drugs dumping start sesar.. adi thattukoleka..manalni vongobetti Product Patenting ki voppinchi..ippudu same factories lo same products thayar sesthunnar | ||
Mental_sachinodu Hero Username: Mental_sachinodu Post Number: 19299 Registered: 10-2008 Posted From: 50.241.19.41 Rating: N/A |
school boys are in australia - between anyone can make it but cannot sell it or distribute it. US-India deals lo patent laws were one of the key criteria. India bended ani naa idhi. | ||
Mental_sachinodu Hero Username: Mental_sachinodu Post Number: 19298 Registered: 10-2008 Posted From: 50.241.19.41 Rating: N/A |
endho annai.. naa metta burra ki ekkaledh nee post. issue is with the way patent system works, not how a drug gets screened. any pharma does compounding. Its a simple drug that any pharma maker can create, but patent laws prohibit there by giving monopoly for these drugs. Ofcourse, I am not saying patent system is bad, but in this case it is clear that it failed. | ||
Rajusk Legend Username: Rajusk Post Number: 52487 Registered: 02-2008 Posted From: 170.74.248.21 Rating: N/A |
ante school boys ki exemption untunda from patents .. sorry I have zero knowledge in patent area..anduke asking.. btw..India used to get around by having Process Patenting..until we adopted all WHO regulations and now we are also doing Product Patenting anukonta (which is prevalent in vomerica) | ||
Andhravodu Side Hero Username: Andhravodu Post Number: 4496 Registered: 07-2015 Posted From: 69.62.241.11 Rating: N/A |
what's the difference between what these kids did and compounding? for all the crap US has in it's healthcare system, modern medicines ni effective ga test chesi produce chesedi ikkade. The system isn't going anywhere | ||
Mental_sachinodu Hero Username: Mental_sachinodu Post Number: 19297 Registered: 10-2008 Posted From: 50.241.19.41 Rating: N/A |
http://www.bbc.com/news/world-australia-38153254 it was long debated how US Pharma companies jack up their pricing... granted in this case the writing was on the wall - it was a simple drug but no one else could produce it because of patent laws, now school boys can make it in their schools. I guess the only way now is every patient learn to make this drug by themselves. |