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 ...
