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NRI Doctor's R&D Model in India to Slash Cost of Drugs

college employs top patent lawyers who also work for some of the big pharmaceutical companies.

"Once the drugs have passed through clinical trials and have been licensed in India, the same data could be used to obtain a European licence so that they could be sold to the NHS as well," the report said.

Shaunak told the newspaper that it was time that the monopoly on drug invention and production by multinational corporations - which charge high prices because they need to make big profits for their shareholders - was broken.

"The pharmaceutical industry has convinced us that we have to spend billions of pounds to invent each drug. We have spent a few millions. Yes, it will be a threat to the monopoly that there is.

"I'm not only an inventor of medicines - I'm an end user. We have become so completely dependent on the big pharmaceutical industry to provide all the medicines we use. Why should we be completely dependent on them when we do all the creative stuff in the universities?

"Maybe the time has come to say why can't somebody else do it? What we have been struck by is that once we have started to do it, it is not so difficult."

The team's work on the hepatitis C drug is supported by a grant from the Wellcome Trust and help and advice from the Department for Trade and Industry and the Foreign and Commonwealth Office.

The report added that the "ethical pharmaceutical" model was unlikely to find much favour with the multinational pharmaceutical companies, which already employed large teams of lawyers to defend the patents which they describe as the lifeblood of the industry.

Source-Newswise
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