Search News:

'Pharma News'


Germany says Pharma companies should have clear rules for business in India
Noting that innovation needs to be "acknowledged", Germany expressed hope that pharma firms would have clear rules to rely on for business in India following the Supreme Court's judgement in the Novartis patent -related case.

"Innovation has to be acknowledged. Innovation does need a fair price," German Health Minister Daniel Bahr said while stressing on the need for innovation by pharma companies to invent new improved drugs.
"Pharmaceuticals can be provided at affordable prices. Innovation should be promoted, but patent protection is required to promote innovation," Bahr said, adding that Germany wants to make innovations available to everyone and this has to be affordable. He said his country was taking a close look at the Novartis judgement, and hoped that it would not affect ties.

Bahr advocating stronger cooperation between Indian and Germany in the health sector, especially in training and immigration of medical and nursing professionals. The visiting minister, who met his Indian counterpart Ghulam Nabi Azad earlier in the day, spoke about the German Health Smart Card model which India plans to introduce.

Appreciating India's efforts in strengthening the health sector, he voiced concerns of German drug makers on the strong rules put in place for the clinical trial sector. Bahr led a 16-member delegation including three MPs and senior German officials and leaders of private pharma sector.

The talks were very open and productive and marked with mutual cooperation," Bahr said on his meeting with Azad. The German Minister offered cooperation in the field of medical technologies, training of medical professionals and in the pharma sector, besides health card and insurance.

"The smart card health project is a new beginning. The Indian side wants to have similar system to be introduced. The smart card project is a good start to the growing relations between the two countries. We are awaiting the Indian government's response’" Bahr said.





Latest Issue
Online Magazine