HC bars export of Natco’s generic cancer drug

HC bars export of Natco’s generic cancer drug

FPJ BureauUpdated: Saturday, June 01, 2019, 02:33 PM IST
article-image

New Delhi : The Delhi High Court has barred the export of generic kidney and liver cancer medication, Sorefenat, manufactured by Natco Pharma Ltd on the plea of German drug major Bayer Corporation.

Justice Manmohan, however, gave liberty to Natco to seek the court’s permission to export the drug as and when it gets the nod from the Drug Controlling Authority.

The court also issued notice to the Centre, customs authorities and Natco, seeking their replies on the plea of Bayer which has alleged that the generic drug is being made under compulsory licence for sale in India and thus, it cannot be exported.

Bayer has sought directions to the customs authorities to seize and confiscate the consignment.

RECENT STORIES

Gold Jumps To ₹1.28 Lakh Per 10 Grams In Delhi, Strong Festive & Wedding Demand Lifts Prices...

Gold Jumps To ₹1.28 Lakh Per 10 Grams In Delhi, Strong Festive & Wedding Demand Lifts Prices...

Embassy Group Enters Mumbai’s Ultra-Luxury Market With New Project In Worli

Embassy Group Enters Mumbai’s Ultra-Luxury Market With New Project In Worli

Sensex Falls 314 Points On Third Straight Day Of Decline, Nifty Slips Below 25,900 To Close At...

Sensex Falls 314 Points On Third Straight Day Of Decline, Nifty Slips Below 25,900 To Close At...

Why Your Income Tax Refund Gets Delayed? 5 Key Reasons Behind Slow Processing Explained

Why Your Income Tax Refund Gets Delayed? 5 Key Reasons Behind Slow Processing Explained

Gold Extended Gains Amid Bank Of America Forecasting The Former To Average $4,538 Per Ounce: IBJA...

Gold Extended Gains Amid Bank Of America Forecasting The Former To Average $4,538 Per Ounce: IBJA...