New Patent Regime: Lessons for Indian Pharma

2005 must be defined as the year of the New Patent Regime. January 1, 2005 saw product patents come into effect and brought a retrospect to the Indian pharmaceutical industry as it was in the pre-1970s. The patent regime brought to India numerous outsourcing opportunities, some brilliant entrepreneurial ideas and tremendous growth in terms of mergers and acquisitions as well as organic. 2005 saw an incredible spate of deals and reverse mergers, as the international pharma community began investing trust in Indian firms. This industry has entered a critical phase of its growth from January 2005 onward and is going to be a phase of many new challenges and a few opportunities. This book is an effort to throw light on the latest developments in the area of the New Patent Regime that affects the pharmaceutical industry.