India needs predictable IPR regime: Novartis
Advertisement
NEW DELHI: A "highly predictable" IPR regime is needed for the pharma industry in India to develop to the level of the US or Europe, a senior executive of Swiss drug major Novartis said today.
"If India wants to develop to the same framework that we have in Europe, Switzerland or US, it is very important that the environment becomes highly predictable and that IPRs are clearly defined," Novartis Pharma AG, Global Head of Development, Established Medicines Franchise, Lutz Hegemann told PTI.
If the whole data regulatory process becomes predictable in the long run, it makes investment in the country more sustainable, he added.
Our comments section is governed by our Comments Policy . By posting comments at Medical Dialogues you automatically agree with our Comments Policy , Terms And Conditions and Privacy Policy .
Disclaimer: This website is primarily for healthcare professionals. The content here does not replace medical advice and should not be used as medical, diagnostic, endorsement, treatment, or prescription advice. Medical science evolves rapidly, and we strive to keep our information current. If you find any discrepancies, please contact us at corrections@medicaldialogues.in. Read our Correction Policy here. Nothing here should be used as a substitute for medical advice, diagnosis, or treatment. We do not endorse any healthcare advice that contradicts a physician's guidance. Use of this site is subject to our Terms of Use, Privacy Policy, and Advertisement Policy. For more details, read our Full Disclaimer here.
NOTE: Join us in combating medical misinformation. If you encounter a questionable health, medical, or medical education claim, email us at factcheck@medicaldialogues.in for evaluation.