Saturday 31 May 2014

NOW MEDICAL APARTHEID !
Bayer CEO started Medical Apartheid: Denies its Cancer medicine to Indians
MNCs are only for ruthless profits regardless of any ethic, morality and human value. The recent statement made by Mr. Marijn Dekkers, CEO of agro-chemical and pharmaceutical giant Bayer precisely told that these Corporations are meant for extracting money and extortion at any cost.
"We did not develop this medicine (Nexavar) for Indians," ?Marijn Dekkers said at a little reported pharmaceutical forum last month, according to the January 21st edition of Businessweek.
"We developed it for western patients who can afford it," Dekkers said, and called the Indian regulator's action "essentially theft".
Being among the largest Chemical Company in the world and having huge business in India Bayer is into selling and manufacturing human and animal drugs, agro-chemicals (Pesticides) and material science. One of its products ‘Nexavar’ used to treat liver and kidney cancer is highly expensive and India’s Controller General of Patents has allowed a local drug manufacturer to produce its generic copy in India.  It is noteworthy that Bayer Corporation has obtained a patent in India in 2008 for Nexavar which cost Rs. 2.8 lakh for a month’s dosage of pack of 120 tablets. On March 9, 2012, the Controller of Patents, Mumbai, granted the first-ever compulsory licence to local Drug Company Natco to make ‘Sorofenib Tosylate’, a generic version of Bayer’s high-priced anti-cancer drug Nexavar. Natco was told to sell the pack at Rs. 8,800 which is almost 97% discount to the original selling price of the Bayer product in India. No MNC will like any court order disallowing them from making expensive drug hical profit of more than 30 times than what that drug can be made available for.
It is ironical that rather than wanting to save lives around the world,what Bayer is interested in is maximising profits by selling eafford it."expensive drug to "western patients who can afford it."And those who cannot,well,it is dead end for them,as they have to do without Bayer's lifesaving drug.

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