Salient Features of Pharmaceutical Policy - 2002
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On account of liberalization of Indian economy and in the context of globalization of trade in drugs and pharmaceuticals, the Government of India, Ministry of Chemicals and Fertilizers, Department of Chemicals came out with Pharmaceutical Policy - 2002 to meet the challenges of Post-GATT era.
Pharmaceutical Policy - 2002
Salient Features
On
account of liberalization of Indian economy and in the context of globalization
of trade in drugs and pharmaceuticals, the Government of India, Ministry of
Chemicals and Fertilizers, Department of Chemicals came out with Pharmaceutical
Policy - 2002 to meet the challenges of Post-GATT era. It was necessary to
comply with the requirements under the WTO Agreements for effective
implementation of policy of product-oriented patents under new patent regime
w.e.f. 1-1-2005. The need for new initiatives beyond enumerated in Drug Policy
of 1986 was felt for making Indian pharmaceutical industry more internationally
competitive. The basic objectives of Drug Policy of 1986 modified in 1994 still
remain largely valid.
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