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Tag: Patents Act 1970

Only 1 Compulsory Licence Granted Till Date By Controller:Patents Act

[New Delhi]Only One Compulsory Licence Granted By Controller :Patents Act
Till date, one Compulsory Licence has been granted by the Controller of Patents under Section 84 of the Patents Act 1970 to M/s. NATCO Pharma, Hyderabad on 9-3-2012 for Indian Patent No. 215758 (Carboxyaryl substituted diphenyl ureas) which was granted to M/s. Bayer Corporation on 03-03-2008.The drug covered under this patent is “Sorafenibtosylate” and sold under the brand name “NEXAVAR”, isused for the treatment of kidney and liver cancer.
Compulsory licences are granted according to the provisions of the Patents Act, 1970 and the term ‘Mandatory Licence’ is not used under the Act.
As per Minister of State of Commerce and Industry, C. R. Chaudhary, in a written reply in the Lok Sabha today., Compulsory Licences are issued as per the provisions in the Patents Act, 1970. There is no specific proposal pending at present before the Government for the grant of a compulsory licence.