Patent Law

Patents vs People: The Medicine Battle โš–๏ธ


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๐Ÿ›๏ธ The Life-or-Death Patent Battle

๐ŸŒŸ Imagine needing a cancer drug that costs โ‚น2.84 lakh per month while the same medicine could be made for just โ‚น8,800. This isn't fiction - it's the real story of how patent laws balance innovation rewards with public health needs!

๐Ÿ’ก What You'll Discover:

  • ๐Ÿ” How compulsory licensing works as a legal safety valve for overpriced medicines
  • โš–๏ธ Why importing drugs isn't the same as 'working' a patent in India
  • ๐ŸŽฏ The hidden battle between R&D costs and affordable healthcare access
  • ๐Ÿ’Š How patient assistance programs compare to genuine drug availability

๐Ÿš€ Real Cases Discussed:

  • ๐Ÿ’Ž Bayer Corporation vs Union of India (2014) - The landmark cancer drug case that redefined patent priorities
  • โญ Natco Pharmaceuticals licensing battle - How a local company challenged Big Pharma's pricing monopoly

๐Ÿงฌ Key Legal Concepts Made Simple:

  • ๐Ÿ“‹ Section 83 of Patents Act - Why local manufacturing matters more than imports
  • ๐Ÿฅ TRIPS Agreement implications for developing countries like India
  • ๐Ÿ’ฐ Royalty calculations: 6% vs 7% and what it means for patients

๐ŸŽ™๏ธ This episode reveals how patent law isn't just about protecting inventors - it's a delicate social contract that can literally determine who lives and who dies based on their ability to pay!

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Patent LawBy Sharad Bansal