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Boy, can you beat these? Engineering seats go abegging Tough task taking states together Land reclamation from sea appears cheaper! The star of Spencers is no more The sea- saw battle continues... The Gulf aviation boom Streamlining mandatory third party cover Delhi is distant Welcome GST Kudos to NDTV... Godspeed, Chief Minister JJ GNS - 100: our first subscriber Where a state respects its litterateurs… Readers' Mail A more liberated TN… Vibrant Gujarat Tihar, Puzhal not different from Parappana Agrahara No mega rail project for Tamil Nadu When online building permits work…. Muffled voices for merit… Kulandai was a giant Fall in crude prices help in oil sector reform A rich pool of talent not utilised…. Welcome changes that testify to Jayalalithaa’s return to health Roaring Ro-Ro facility Solar thermal shines… Measuring roof tops in terms of KW/MW No Maha Koottani in TN... Put expensive assets created to use... Return to king coal for urea... Revive development banks... Kinetic Karnataka More heat than light Don’t seem to feel the pulse… Robber barons everywhere More Shakthi to Das’ elbow Gas is the way forward Shale gas and its shallow future Odisha: spectacular win by Naveen Patnaik Tribute – Manikam Ramaswami An enemy’s enemy is a friend Sweeter prospects for sugar Haul over the coal When the President was rendered homeless… There was flood of milk. Reason: no milk commissioner! Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Poor representation for Kerala and TN in Cabinet Editor's Says Excel Generators provide the vital back-up Towards speedy justice A think tank for Chennai Shanti and Sadhana through Music The why of tax incentives For whom the MIDS bell tolls? Sri Lanka votes for change S V Raju – a ‘good’ true liberal Tatas moving out of urea production... Permanent secretariat for TN GIM Lesson from Chandrababu Naidu Secularism and anti-Hinduism Preserving for the future Parliament in paralysis... CIPET hqrs to stay at Guindy – for the present? Whistle-Stop Tour of Raghuram Rajan Contrarian cousins Adapt Vajpayee dinner diplomacy Colour-Chem’s colourful KRVS Inflation: are we emulating Argentina and Brazil? A welcome initiative by the judiciary R Sridhar steps down as CEO of Shriram Capital Road development slows down Should we change the official year? Fortune for Indian Airlines Making ‘my Amaravati’... He saved millions from starvation... Cement prices continue to rise… TN-leverage strength of BHEL, NLC... B H Kothari - a tribute Naidu will soon build a new Hyderabad Remembering Indira Sivasailam... Nuclear power at the nucleus F C Kohli - his concerns all embracing All eyes on Sankara Nethralaya A glass full of corruption When small is no larger beautiful.. …and of a popular trade leader Eternal support for capitalisation of PS banks Sweet news for TN sugar mills China invests in India A C Muthiah – his munificent bequeaths to science IAS invades NDDB... 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Russi Mody – a tribute The ‘Jayanthi Tax.’ Maximising the micro pricing … EEC at the National Media Centre Paytm karo... Gay abandon in pricing Editor's Notes Tribute Dr C Rangarajan returns to Chennai L&T: focus on infrastructure and more infrastructure… TGS- The king storyteller IPL - no surprise this scam The brown list of Venkitaramanan Lalu’s envy, India’s pride Wanted: a second airport for Chennai Auto components surge… Fortune 500 review Pharma – overdose of copying Tatas moving out of urea production... TN – agglomerate land holdings without alienating ownership Like Hinduism: many paths to reach God... Tribute – UCAL Selvan… Small units prefers to remain small... Building loyalty through the stomach Fuel for thought Waning interest in public discussions… When TN politicians can emulate Kerala's Tribute – M V Murugappan Mersal magnified Plummeting profits of PSBs Limit foreign borrowings to hi-tech, export potential projects... PC’s preference for professionals Strengthen the base... Valli, they are more marginalised Reliance’s TV – 18 ready to launch Tamil News Channel A proud Madrasi A friendly business group Quality education through the PPP mode Moily’s bold thrust Funding the un-funded When nations steal growth from one another… TN accounts for the largest recruits by the IT sector TIAM turns a full cycle An inexplicable neglect Of course, Gujarat is vibrant IPL type auction for VCs? Bihar – Nitish Kumar adopts the Lalu model Bihar elections - the Rajaji formula worked Welcome thrust on trade in Modi’s foreign visits... The few handicaps... WTO Meet: resolved to meet again Liberal imports idling indigenous capacities Air Asia India will set new benchmarks for budget travel Diamond jubilee of Egmore Samskrt School A Grand Finale for SN’s MS centenary at the US… Rahman at CIC Padma Bhushan for A Ramakrishna Noble nonagenarians... He continues the focus on social amelioration Music happens The power-full Hindujas Online not in line with brick and mortar businesses... GM Technology at last! More tributes to GR Why this malaise in medical education? L&T- the specialty of special purpose vehicles The nuclear option EVM is tamper-proof ONGC at KG Basin The Swadeshi Trump SoA @ 80 CII projects higher growth… Increasing non co-operation of state leaders Infrastructure funding – lessons learnt Focus on quality of power - its only around 170-180V Convulsions in The Hindu Another Indian music maestro at the UN Demise of a media baron... Solar, solar everywhere … A Grand Finale for SN’s MS centenary at the US… Silver Years of Madras Musings New IT products of Ramco in the pipeline… Shipping woes of Chennai companies A yen for wastage… S Ramanathan – a versatile musician, musicologist Medical costs hit the roof... Why land prices zoom in TN? Cutting the nose to spite the face London, London Narayan Revving up the manufacturing sector An informal presentation - analytical, forward locking... Breaththrough in malaria control Polls and promises More Shakti to resource mobilisation... Discoms deserve better… Delhi returns to BJP The balancing act Rs.1600 crore paper board plant of TNPL Telangana in top gear… Cleaning Ganga – relocate tanneries and install electric crematoria Airlines in India: cost and space Marketing expert Balagopal is no more Intellectual of rare qualities The Ports’ Pasha expands into Tamil Nadu to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Poor quality of university VCs MHC should not return to its old indisciplined ways Scientists urged to take up farmer-oriented research How Air-India loses customs... Mu Sigma – is no more Protest masters... Tax agriculture This scant respect for Law The rise and rise of KCP Alexa – Talking Wikipedia No engine for this car Quality silica from Neyveli Insurance companies bleeding, yet no decision on increasing FDI limit! Multi-faceted Venkat Build close rapport with business leaders CRS, a jewel among managers, is no more. The ‘Ayyo-yes’ is no more CSR and CMI: promise of another Srinivasan Ramanujan... Modi and the lady Delhi Chalo...
 
Pharma – overdose of copying

In the initial formative years, pharma companies in India worked on copying branded drugs through reverse engineering and sold many drugs as generics.  This helped several Indian companies like Ranbaxy and Dr Reddy’s Laboratories build large volumes and profitable operations. They have been able to sell many branded products of the west as generics at low prices in India. For years, Indian pharma companies flourished.

Disappointingly, these did not focus simultaneously on research to formulate new molecules and new drugs, which are admittedly expensive.

Large pharma companies in the US and Europe were affected by such extensive copying and violation of intellectual property rights. They  spent

$ 500 million and more for discovering a new drug over a decade. The costs were admittedly high and involved extensive research over multi disciplines. The IPR regulations were also strictly followed in the US and European countries. The sanctity of IPR was respected by the leading drug companies.

Understandably, these companies have been deeply affected by the mindless copying of their prized products.  They adopted a three-pronged strategy to hit back:

•    The first one was to buy outright large Indian companies like Ranbaxy.

•    The second was to file a number of court cases on violations of FDA Rules of USA in regard to quality and ethical issues. These impacted on the operations of companies including Ranbaxy and Dr Reddy’s Laboratories.

• The third was to buy out increasing proportion of shares of companies with a view to influencing policies from within.

These strategies have cumulatively impacted severely on several Indian drug companies. Apart from Ranbaxy and Dr Reddy’s Labs, Orchid Pharma has passed control to Hospira, USA. Other companies that have been growing fast like Aurobindo Pharma are also under threat.

Leading scientist Dr G Thyagarajan, who has made rich contributions to the Indian pharma and chemical industries, holds the Indian pharma companies responsible for this sad state of affairs. He points to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines, said GT.

 

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