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

CricketIndia vs South Africa 2025 Schedule: Full List of Matches, Dates, Venues and Fixtures

TechnologyOpenAI Offers ChatGPT Go Free for a Year in India; Check All the Features Users Can Now Access

NationalGolden Power: Indian Women Now Hold 24,000 Tonnes of Gold, Outshining Global Investors

MumbaiMumbai Man Pursuing PhD in US Booked for Sexually Abusing Woman on False Promise of Marriage

LifestyleCreative Rangoli Designs for Dhanteras and Diwali 2025 to Welcome Goddess Lakshmi

International Realted Stories

InternationalArunachal woman harassed in China hits back at trolls, says govt's stand is for all Indians

InternationalPakistani forces extrajudicially kill another Baloch civilian

InternationalFrench Ambassador pays tribute to victims of 26/11 terror attack, reaffirms unequivocal condemnation of terrorism

InternationalBangladesh: Awami League slams Yunus-led interim government over ‘indiscriminate’ nationwide killings

InternationalEarthquake of magnitude 4.6 strikes Afghanistan