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Scrutiny
  
Pat(ent)ients
And the patent regime begins
15/11/2007

“To prevent famine, one plow is worth a million sermons, and even patent medicines will cure more diseases than all the prayers uttered since the beginning of the world”, so said Robert Green Ingersoll. It seems that Robert never even imagined the other side of this patent medicine system. The present system of medical research provides incentives for the Type-I diseases that largely affect the population of the developed economies. Moreover, the poor are unable to afford the medicine meant for wealthier patients. These Type-I medicines are prepared keeping in mind the lifestyle and food habits of patients of developed world, thus these medicines in most cases are not so very effective for patients of the Third World. Yet the super normal profits from developed countries work as a disincentive to work on drugs for developing world. It’s high time for the Indian pharma companies go up the value chain rather than remaining the producers of generic drugs. Time to rush for the untapped markets of the developing world, which invariably is the market of the future before the developed world’s markets get clustered, saturated and profits become nonexistent.

By:- B&E
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