2016 Volume 8 Issue 1 Pages 39-46
Utilizing both qualitative and quantitative analyses, this article intended to analyze (1) whether a special article inserted in the Indian Patent Law 2005 had a role in reducing the negative impact on the Indian Pharmaceutical Industry from the introduction of product patents based on analysis of a variety of data and on-site interviews with stake holders, and (2) whether change of the business model of the Indian pharmaceutical industry helped the industry to continue to develop through 2005 by avoiding negative impact from the introduction of product patents. It is believed that this study may be valuable when considering such developing countries as they plan to set up a patent system that would be suitable to the situation of each country.