From Africa’s crowded AIDS clinics to the malarial jungles of Southeast Asia, the lives of millions of ill people in the developing world are hanging in the balance ahead of a legal ruling that will determine whether India’s drug companies can continue to provide cheap versions of many life-saving medicines.
The case — involving Swiss drug maker Novartis AG’s cancer drug Glivec — pits aid groups that argue India plays a vital role as the pharmacy to the poor against drug companies that insist they need strong patents to make drug development profitable. A ruling by India’s Supreme Court is expected in early 2013. Read the rest of this entry »
Helped by the government, the generic drugs business in Japan, the world’s second largest pharma market, is set to grow by 9% from the current less than 5% in the next 3-4 years.Indian generic makers see a huge opportunity as the generics market in Japan is poised to witness strong annual growth of around 9% in 2009-2013 on the back of strong government support and largely untapped nature. Leading Indian generic players, including Ranbaxy, Lupin, Zydus Cadila and Dishman, have already entered the Japanese pharma market. Read the rest of this entry »
AyurVeda (आयुर्वेद, the ‘science of life’) is the medical/therapeutic or natural healing system of the Vedic Sciences which originated in India approximately 5000 years ago. AyurVeda comes from the root word “Ayu” which means life and “Veda” which means knowledge of. Hence AyurVeda means “science of life” in Sanskrit. Life here does not refer to life of an individual but to the life of the entire universe which the individual is part of. In Vedic science everything in nature is made of five elements of air, ether, fire, water and earth and the individual (microcosm) is a replica of the universe (macrocosm). The conscious that is present in an individual is the same conscious that is present in the entire universe. AyurVeda allows the individual to know their body, mind and soul at its deepest level and experience the wisdom of this consciousness to appreciate the conscious that is present in the entire universe. Read the rest of this entry »
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