India allows copy of cancer drug

[xchrom]

http://www.bbc.co.uk/news/world-asia-india-17348766

India's government has permitted a local company to manufacture a generic copy of a patented cancer drug to make it affordable to Indian patients.

It allowed Natco Pharma to make and sell Nexavar, which will be available to patients for 8,800 rupees ($176; £112) for a 120-tablet pack.

Bayer, which holds the patent, charges 280,000 rupees for 120 tablets.

India invoked a trade rule allowing generic production of a patented drug which was unaffordable.

[Celebration]

1. Okay, so this is when we need

globalization.

Why should we have to compete with Indians on wages, and not be able to buy medications at the same price that they pay?

[HereSince1628]

2. Why? Because we work on market principles...

like the good of establishing oligopolies that charge 100% of what the traffic can bear.

It's a very efficient way to transfer wealth to the job creators who, being better people, clearly deserve it.

[samsingh]

3. should we consider the lives this will save?