Guest guest Posted February 21, 2005 Report Share Posted February 21, 2005 Patent Bill will hit growth in pharma sector: Ekbal By Our Staff Reporter KOCHI, FEB. 20 . The move to promulgate the Patent (Amendment) Ordinance, 2004 without allowing a debate in Parliament would ultimately result in a setback to India's leap into the international pharmaceutical market, said B. Ekbal, former Vice- Chancellor of Kerala University. Delivering the keynote address on `Patent (Amendment) Ordinance and the Pharma Sector' at a People's Convention convened by the Kerala Sastra Sahitya Parishath (KSSP) district committee against the Patent (Amendment) Ordinance, 2004, at S.R.V. School here on Sunday, Dr. Ekbal said the Ordinance would only serve to help the global monopolies in the pharmaceutical sector. He said India had been marketing many medicines, including those for AIDS, at low rates so far. India became a role model to the world by passing the Patents Act in 1970. While American pharmaceutical companies charge $15,000 for medicines for AIDS, Indian companies charge only $350 for AIDS medicines. India's share in the international pharmaceutical market stood at Rs. 10,000 crores, he said. Dr. Ekbal said the people should realise the implications of the Patents (Amendment) Ordinance, as prices of medicines, including those for diabetes, would escalate. He condemned the UPA Government's attempt to send the Ordinance introduced by the former NDA Government to Parliament without holding a debate. Sebastian , MP, who inaugurated the convention, pointed out that the Patent Ordinance was a tool to conquer the world without the help of arms or weapons. Seeds Act Referring to `Seeds Act, 2004 and Agriculture Sector,' Mr. warned that the Seed Act, which will replace the gene pool of traditional seeds used by our farmers with new generation seeds born in laboratories, would lead to the total destruction of our farming sector. A memorandum to the Prime Minister carrying 10,000 signatures collected by KSSP against the Seeds Act, 2004 and Patents (Amendment) Ordinance, 2004, was handed over to Mr. by the Parishath district president, E.K. Prakashan. http://www.hinduonnet.com/2005/02/21/stories/2005022108880300.htm Quote Link to comment Share on other sites More sharing options...
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