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URGENT ¥¥¥ Novartis condemns India patent ruling

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(Globalpost/GlobalPost)

Swiss drugs giant Novartis condemned on Monday the Indian Supreme Court's dismissal of its patent bid for a blockbuster cancer drug, saying it "discourages future innovation".

Novartis said in a statement the decision, which capped a seven-year legal battle to gain patent protection for an updated version of leukemia drug Glivec, "discourages innovative drug discovery essential to advancing medical science for patients".

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http://www.globalpost.com/dispatch/news/afp/130401/urgent-novartis-condemns-india-patent-ruling