Indian health activists are seeking to prevent Gilead from patenting its new treatment for Hepatitis C in the country in a fresh battle over affordable access to medicine

November 24, 2013 6:56 pm

Indian health activists move to prevent Gilead’s drug patent

By Andrew Jack in London

Indian health activists are seeking to prevent Gilead from patenting its new treatment for Hepatitis C in the country in a fresh battle over affordable access to medicine. The Initiative for Medicines, Access & Knowledge in India said it had filed a “pre-grant” application in Calcutta to block a patent application on the drug sofosbuvir, just as Gilead, the US pharmaceutical group that developed the medicine, won European regulatory authorisation for its use.The legal action, which follows previous spats in India over intellectual property on medicines including those for HIV and cancer, could open the way for local generic drug manufacturers to sell low-cost versions of the product domestically and export it to other low-income countries without strong patent protection laws.

The move would be a blow to Gilead, which is spearheading a race for new, more effective oral treatments for Hepatitis C with fewer side-effects, widely viewed as having the potential to cure Hepatitis C, a condition that affects nearly 200m people around the world and causes damage to the liver and sometimes cancer.

Following its European approval for drug, branded as Sovaldi, Gilead is braced for regulatory authorisation in the US next month. Other drug companies includingAbbVie

Johnson & Johnson and Bristol-Myers Squibb are competing with experimental products for the condition in a market that analysts forecast could generate billions of dollars in annual sales.

“Old science, known compound,” said Tahir Amin, lawyer and director at the I-MAK, the group that filed the opposition. “India’s patent law doesn’t give monopolies for old science or for compounds that are already in the public domain. We believe this patent on sofosbuvir does not deserve to be granted in India.”

The legal action could stall for several years the granting of patents in India, which one generic drug manufacturer said could permit the production of low-cost equivalents over several years.

Médecins Sans Frontières, the humanitarian organisation, said it welcomed the legal challenge, expressing concern that even at a significant discount to the estimated $80,000 US price for the drug treatment, it would be inaccessible to the vast majority of Hepatitis C patients who live in low and middle income countries.

Dr Simon Janes, medical co-ordinator with MSF in India, said: “We know from our experience providing HIV treatment over more than a decade in dozens of developing countries that treatment needs to be simple and affordable – preferably less than $500 to start with. An unaffordable price for this drug will have a chilling effect on funders and governments who need to start financing and providing treatment.”

Gilead has in the past sought to develop an access programme for patients in low-income countries by licensing its HIV drugs to generic manufacturers while controlling for quality.

“As Gilead [Hepatitis C] medicines advance through the research and development pipeline, we will evaluate opportunities to incorporate them into our access programmes,” the company said on its website.

Unknown's avatarAbout bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

Leave a comment