Word: patent
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...created by Ranbaxy, India's largest drugmaker, was bigger than previously thought. That day, Pfizer's stock dipped 3% as investors grappled with the prospect of this unexpected challenge. Ranbaxy, a vigorous exporter to the U.S., claims that its generic version of Lipitor doesn't infringe on Pfizer's patent and is scheduled to argue its case in a Delaware court late next year. And this wasn't the first jolt that the world's biggest pharmaceutical company has suffered from an Indian rival. Last December, a New Jersey court ruled that another Indian company, Dr. Reddy's Laboratories, could...
...panel with a line drawn on it. In 1927, as Philo Farnsworth watched a receiver, his brother-in-law turned a slide in front of a camera. "There you are," said Farnsworth, "electronic television." It was not that simple: Farnsworth spent the next two decades fighting with RCA over patent rights, sinking into depression and drinking. He forbade his kids from watching TV, saying there was nothing worthwhile...
...INDICATORS Drug Deal On the eve of talks in Cancún, the World Trade Organization's executive council approved a deal granting poor countries access to cheaper drugs, after the body's 146 members had agreed to ease patent rules for vital treatments...
...foreign countries are investing in stem-cell science, the research will ultimately get done. But, says Gearhart, "the U.S. is the 800-pound gorilla when it comes to resources for science. If we continue to limit funding, things will proceed much more slowly." Also, foreign governments and companies can patent their stem-cell lines and charge plenty for licensing them...
...next logical step, says Andrea Bierce, a co-author of the A.T. Kearney study, is jobs that require more complex financial skills such as equity research and analysis or market research for developing new business. Evalueserve, a niche outsourcing company in Delhi, already performs research for patent attorneys and consulting firms in the U.S. In April, J.P. Morgan Chase said it would hire about 40 stock-research analysts in Bombay--about 5% of its total research staff. Novartis employs 40 statisticians in Bombay who process data from the drug company's clinical research...