Though the European Union has been urging India to adopt provisions beyond World Trade Organization's Trade Related Intellectual Property Rights (TRIPS), a new chapter appears to have opened in India over data exclusivity, one that would interest drug multinationals both from the EU and the USA, reports The Pharma Letter’s India correspondent.
A Pesticides (Amendment) Bill is to be introduced by the Indian government in Parliament. The Bill has a small clause - one that would make India’s Intellectual Property (IP) regime TRIPS Plus. The Bill also proposes to introduce data exclusivity for a period of five years.
Officials have indicated that this could be a forerunner to the grant of a similar reprieve for pharmaceuticals. The development may come as a welcome revelation to drug multinationals from the USA and EU, who have been urging for this for a long time, but have constantly been repudiated by Indian lawmakers.
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