BTA 0.00% 57.0¢ biota holdings limited

Unfortunately India have a unique attitude to patents, I've...

  1. 757 Posts.
    Unfortunately India have a unique attitude to patents, I've C&P'd the relevant text in this interview, ambiguous about BTA royalty.

    Multinational Monitor:The Tamiflu Manufacturing Controversy MAR/APR 2006

    Dr. Yusuf Hamied is the chair of Cipla, the Indian generic drug manufacturer

    Hamied: We are definitely going to produce, and are producing already, zanamavir as an alternative. That is the inhaled product of Biota in Australia, which was licensed to GlaxoSmithKline.

    MM: They are not complaining about your production?

    Hamied: They cannot, because the product was patented in 1993. The patent for that does not count in India.

    MM: Is it correct that GlaxoSmithKline said that even where they claim a patent, they will not try to enforce it?

    Hamied: I have no idea.

    It is not their patent. It is a patent of Biota in Australia. Glaxo pays them a royalty.

    Like oseltamivir is not a patent of Roche, it is a patent of Gilead. Roche is paying Gilead a royalty, and I am also prepared to pay a royalty on valid patents, so what is the big deal?

    http://www.multinationalmonitor.org/mm2006/032006/interview-hamied.html
 
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