Updated on 4 July 2013
She had further noted that the provisions of the Compulsory License enshrined in the India Patent Act are in accordance with the provisions of the TRIPs Agreement and the Paris Convention. She had said that through such licensing mechanisms, all governments balance the rights of the patent holder.
"Since its inception, Compulsory Licensing has been an integral part of the patent regime of different countries.
Globally, 15 different countries, developed and developing alike, have issued more than 35 compulsory licenses. India has issued only one Compulsory License," Rao said.
However, Rao's letter has failed to convince the US pharma industry who continues to push the Obama Administration on India's policies related to the intellectual property regime.
"India's protectionist and discriminatory policies which exploit US IP to benefit their own industry requires an equally bold response. It is important that we view these actions for what they are, industrialist policies to benefit the competitiveness of India's own domestic industry," Mr Roy Waldron, chief intellectual property officer, Pfizer, told lawmakers last week.
"India's actions to undermine the incentives needed to make investment to develop new medicines, a hostile environment to IP will have a devastating impact on R&D investment in both the US and India and cause significant harm for US jobs and economic growth," he had said.