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News Wire / economy

Indian Generics Market Expands Following Patent Expiry

BR24 New Delhi 62d62d Impact 5
India's patent system allows generic drug manufacturers to launch products immediately after the first patent expires, a mechanism that prevents 'evergreening' of older medications. This has enabled rapid market entry for affordable generics, making them accessible to more people.

Topics

pharmaceuticals intellectual property drug pricing

Developing

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Sources · 7 independent

BR24

“As soon as the first patent expired, they were able to launch the generics. Datosymbol, dass sich nicht jeder und jede leisten konnte. Bis jetzt.”

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