Developed cancer drug for 'western patients' who could afford, not 'for Indians': Bayer's CEO

[Cherokee]

fogot to add...most of the generic drugs are based on expired patents not all

which are not ??

 

[halupridol]

Generics are based of expired patents drugs . Why should they reduce prices in developing countries ?? Apart from humanitarian point of view , India govt should share cost burden or provide some sort of incentive for them to reduce price .

Everybody who is in business is greedy man .

i agree with u.....
just hate it whn businessmen(n most of society)cries foul whn we docs get greedy....

 

[Cherokee]

i agree with u.....
just hate it whn businessmen(n most of society)cries foul whn we docs get greedy....

Yes , As if Doctors should only work for charity . They dont have family to feed .

 

[halupridol]

@egodoc222
leave it sir,as u see its economics at play,,,as some r pointing...

 

[egodoc222]

which are not ??

which are not ??

these pharma companies have to apply for patents in our country too...if for some reason govt rejects it...
patent in usa doesnt count

i agree with u.....
just hate it whn businessmen(n most of society)cries foul whn we docs get greedy....

sirjee ham kya kamathe hai....padke padke aadha life span katham hojatha hai..

 

[JayAtl]

There is an important distinction here that people need to keep in mind. the CEO is pissed not that India refuses to acknowledge patent rights rather that he cannot keep his patent in perpetuity.

an important distinction that gets lost in the conversation. sure you have your patent rights but when they expire , you cannot tweak .00000000000001% of it and ask for another 30 years of exclusivity.

secondly these pharma's cost americans to pay 10000000X more because of R&D costs, even after they recover such costs. these companies make no effort to ever reduce the prices and that is why we have the most expensive healthcare system in the world. What India does is not ONLY being adopted by other countries but it is high time america does too.

 

[Abingdonboy]

Naturally there's a balance to be made between providing an incentive for Pharma companies to invest in R&D to drive innovation in the market. However when they start perusing practices such as "ever greening" then they are being nothing but greedy and it's damn good the Indian Supreme court took a stand and showed two fingers to these unscrupulous a-holes. And it's not just about India but much of the developing world, as Medicine Sans Frontier put it- "India is the Pharmacy of the developing world".

There is an important distinction here that people need to keep in mind. the CEO is pissed not that India refuses to acknowledge patent rights rather that he cannot keep his patent in perpetuity.

an important distinction that gets lost in the conversation. sure you have your patent rights but when they expire , you cannot tweak .00000000000001% of it and ask for another 30 years of exclusivity.

secondly these pharma's cost americans to pay 10000000X more because of R&D costs, even after they recover such costs. these companies make no effort to ever reduce the prices and that is why we have the most expensive healthcare system in the world. What India does is not ONLY being adopted by other countries but it is high time america does too.

Exactly! This is where I draw the line. Once they have got their costs back and their patents have expired they STILL try to bleed the consumers dry- it's morally reprehensible.

 

[acetophenol]

 

[mirage2K]

Kick Bayer out of India

 

[Vinod2070]

Kick Bayer out of India

Not required. Regulation is any day a better option.

 

[Thorough Pro]

India is a blatant violater of patents and copyrights. Only harsh international economic sanctions can cure these indian criminals

 

[sarthak]

I really support the development of generic drugs for saving lives. However we must ask , when was the last time an Indian company(or chinese/african etc) made a drug from scratch rather than making generics, or tweaking ( changing a few atoms and molecules) here and there of a tested drug and manufacturing it? Maybe if we spend on R&D and make new drugs available to the world at lower prices, we would have a much higher moral ground justifying making these generics.

 

[bolo]

imao...best rugion is to produce generic drugs...people can buy with their own money no need of subsidies...

Generic drugs are copies of brand name drugs. Bayer has every right to sell the drug for any amount they deem profitable

 

[egodoc222]

Generic drugs are copies of brand name drugs. Bayer has every right to sell the drug for any amount they deem profitable

no it doesn't... once its patent expires...it can't foul..

 

[faithfulguy]

no it doesn't... once its patent expires...it can't foul..

What India is doing is violating the patent before the patent expires. India is a international criminal entity if this persist.