ICRA Pharma Industry Regulation.pdfVIP

GThepharmaceuticalindustryisregulatedworldwideintermsofpatents,priceandproductquality.GInternationalpatentnormsrecogniseproductpatents,andthesenormswouldbebindingonallsignatoriestotheGeneralAgreementonTariffsandTrade(GATT),includingIndia,accordingtothestipulationundertheWorldTradeOrganisation(WTO—thesuccessortoGATT).GIndiarecognisesprocesspatents(asopposedtoproductpatents)undertheIndianPatentA...