Government must have compulsive licensing for essential drugs : Chairman, Cipla
Cipla Chairman, Y K Hamied said that many drugs which are not covered under patent should be made in India which is not happening at present, citing the example of Vitamin B12, Vitamin B6, Vitamin D, Vitamin C.
New Delhi: The Government needs to have a compulsive licensing system for essential drugs and look at locally manufacturing non-patented medicines, Cipla chairman Y K Hamied said Wednesday.
"For healthcare what India requires is a pragmatic compulsive licensing system. My own reading is what the government should do is to formalise what are the drugs that are the priority for India, which we Indians can't do (produce). A big example is a drug for TB (Bedaquiline)," he said.
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"If India requires something, the government should ask such foreign companies give us your products and we are willing to pay you a royalty...Those drugs which are essential to India, the government should step in and ask for a voluntary license and give a royalty," he added.
The industry doyen pointed out that 70 per cent of the major drugs are in-licensed and it is what India should look to do.
"It is what India should ask, in-license and pay the royalty. Science has to be rewarded not denied particularly in a country like ours with 1.35 billion people, you cannot afford a monopoly. I have never been against patents, I have been against monopoly," he said.
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He added that many drugs which are not covered under patent should be made in India which is not happening at present, citing the example of Vitamin B12, Vitamin B6, Vitamin D, Vitamin C.
"What are the incentives the government wants to give because I can't compete in pricing with China. So my whole idea on this system of older drugs not made in India is that the government must have a very pragmatic policy that even if China is cheaper we should still make in India. We have to be self-reliant and self-sufficient," he said.
The Octogenarian launched the inspirational science programme with the Royal Society of Chemistry (RSC) in India and donated Rs 8.7 crore for the same.
His inspirational chemistry programme in association with RSC which was launched in 2014, where we had donated Rs 8 crore, has helped deliver more than 1,000 training workshops to over 23,000 teachers between 2014 and the end of 2018, with more than 9,000 schools across the 26 states.
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He added that his next step with RSC is how to get in new technology into India to make some of the older drugs that are not presently being manufactured.
Farhat Nasim joined Medical Dialogue an Editor for the Business Section in 2017. She Covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She is a graduate of St.Xavier’s College Ranchi. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751 To know about our editorial team click here
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