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Writer's pictureSanjay Trivedi

US pharma sector demands keeping India in patent violator list


America's pharma sector has asked US Trade Representative (USTR) to continue to keep India on its priority watch list (PWL) which includes countries that are alleged violators of US patent laws, claiming that the environment on the ground remains "challenging" in India.

Among the key issues of concern for the US pharma sector in India are unpredictable IP environment, high tariffs and taxes on medicines, regulatory data protection failure, discriminatory and non-transparent market access policies and unpredictable environment for clinical research.

Pharmaceutical Research and Manufacturers of America (PhRMA) in a submission requested US Trade Representative (USTR) to continue to keep India on the Priority Watch List in the 2017 Special 301 Report.

(Reference: http://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/us-pharma-sector-demands-keeping-india-in-patent-violator-list/articleshow/57147045.cms)

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