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Claims of Indian Pharma cos copying Swiss firms products are a 'myth': Piyush Goyal

New Delhi: Commerce and Industry Minister Piyush Goyal has strongly refuted claims that Indian pharmaceutical companies engage in copying products developed by Swiss firms, calling such claims a “long-standing myth” and emphasizing that India respects intellectual property rights and never steals technology from others.
Goyal said that Swiss pharmaceutical companies have not shown any instance that Indian firms have illegally copied any of their trademarks, patents, or copyrighted technologies.
"I was shown none, not one. This is a myth which has been propagated for years," Goyal told reporters here when asked about complaints of Swiss pharma companies on the issue.
As per PTI, Goyal also addressed the controversial issue of ever-greening of patents. He informed that India does not permit the patent's ever-greening.
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751