City
Epaper

Venus Remedies wins 10-year battle against French firm

By IANS | Updated: June 17, 2021 17:05 IST

Chandigarh, June 17 In a historical breakthrough for the pharmaceutical industry, Venus Remedies Ltd has won a 10-year ...

Open in App

Chandigarh, June 17 In a historical breakthrough for the pharmaceutical industry, Venus Remedies Ltd has won a 10-year long legal battle that challenged patent claimed by French firm SCR Pharmatop for producing the intravenous paracetamol solution in India.

In a decision this month, the Indian Patent Office decided in favour of Venus Remedies and upheld its decision for revocation of the Indian patent on the grounds that the process lacked any inventive step that made it superior to other existing solutions.

Venus's opposition was intended to remove any Indian Patent hurdle in manufacturing of intravenous paracetamol solution in India.

As intravenous paracetamol plays a critical role in managing inflammation and fever, hence the revocation of this patent is an encouraging development for the healthcare sector in the country reeling under the current pandemic, said the company in a statement here on Thursday.

Saransh Chaudhary, President, Global Critical Care, Venus Remedies Ltd, said, "We are committed to finding and developing the best solutions for global health challenges the biggest part of which is bridging the gap between people and robust healthcare facilities.

"Our endeavour here was to make sure that critical drugs such as intravenous paracetamol is available in our country to be manufactured generically and accessible at economical prices for the public, particularly during these difficult times."

Venus Remedies filed the post-grant opposition against the SCR Pharmatop's intravenous paracetamol patent in 2011 before Indian Patent Office on several grounds such as lack of novelty and lack of inventive steps, among others.

During the course of the case, Patent Office first revoked the patent in 2018 observing that the claims made by SCR Pharmatop are obvious to an ordinary person skilled in the art. However, the company moved their plea to Delhi High Court and Intellectual Property Appellate Board (IPAB).

IPAB directed the Patent office to again hear the matter and after hearing and written submissions from both the parties, the Indian Patent Office gave its final decision on June 4, maintaining the revocation order of Patent dated December 24, 2018.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Venus RemediesScr pharmatopSaransh chaudharyindiachandigarhChandigarh union territoryIndiUk-indiaRepublic of indiaIndia indiaGia india
Open in App

Related Stories

NationalChandigarh: Biker Falls Into Pit As Road Caves In After Heavy Rain; Video Goes Viral

Maharashtra"This is Betrayal": Former MP Calls Out Prada for Allegedly Copying Kolhapuri Chappal Design

InternationalWhen Will Russia Deliver More S-400 Missiles to India? Major Update Revealed - Here’s Why It Was Delayed

MumbaiBuying a Home in Mumbai? You’ll Need to Save for 109 Years to Afford a 2BHK

NationalIndia Extends Airspace Ban on Pakistan-Based Aircraft Till July 24

International Realted Stories

InternationalQuad ministerial meeting very productive, will strengthen Indo-Pacific stability: EAM Jaishankar

InternationalISKCON temple in US targeted in suspected hate crime; India urges swift action and stands in solidarity

InternationalNepal's iconic Juju Dhau--King Curd--adapts with time, but tradition at risk

InternationalUS Vice President Vance casts tie-breaking vote as Senate passes GOP megabill

InternationalGeneva: Photo exhibition highlights persecution of minorities in Bangladesh