Suchergebnisse

Abstract The intention of the researcher is to study about the generic medicines and the patented medicines. discusses about the history of patent laws in India, here she does a thorough study of how Indian laws have emerged to be progressive from the erstwhile British laws which did not foster growth and development in India. The researcher then proceeds to talk about the circumstances which led India to amend its Patents act of 1970 in 2005 and the effects of this amendment. Further the researcher focusses on the generic medicines where she talks about how they are manufactured and various factors of genetic medicine. The researcher then proceeds to clear various apprehensions and misconceptions with regard to generic medicines such as its quality and effectiveness and its low price factor in concern to its quality.Moves on to clear the dilemma of majority of Indians of choosing between the generic and patented medicines, here she details on their respective advantages and disadvantages for this purpose. To a name a few - The advantages of generic medicines are cheaper prices, easily available, Bioequivalent and so on while its disadvantages are it halts the innovation, not easy to spell or remember and son; The advantages of patented medicines are high efficiency, promote innovation and so on while its disadvantages areUnaffordability, supports monopolies. Importantly, the researcher deals with various judicial cases relating to IPR in India. Finally concludes this chapter stating that generic and patented medicines support the country in their own way.