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Apex Court dismisses Bayer’s SLP against Compulsory License for anti cancer drug
Apoorva Mandhani
12 Dec 2014 10:32 PM IST
The Supreme Court today dismissed Bayer’s Special Leave Petition, pacing way for India’s first compulsory license for Bayer’s anticancer drug Nexavar.NATCO is now free to manufacture and sell a generic version of Nexavar (a kidney/liver cancer drug that goes by the generic name of Sorafenib Tosylate), but will have to pay a royalty on the net sales (every quarter) to Bayer.The...
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