India's 1970 Patents Act deliberately excluded product patents for medicines, allowing companies to legally manufacture generic versions of patented drugs by developing new manufacturing processes, which enabled India to build a robust generic pharmaceutical industry that now supplies approximately 20% of the world's generic medicines.
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How India became the pharmacy of the world. #shortsAdded:
One in five medicines worldwide is Indian.
That did not happen by accident.
For decades, India's patent law had a deliberate gap.
It refused to patent medicines themselves.
You could patent how a drug was made, never the drug itself.
So, any Indian company could copy a blockbuster medicine, make it cheaper, and sell it. Completely legally.
That one rule turned India into the pharmacy of the world. Trade rules later forced patents back.
But, the generic giants were already built. So, one in five medicines on Earth is still Indian.
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