Pharma sees red as India allows Natco to produce patented Nexavar at 3% of Bayer's price

India has approved its first ever compulsory licence in the area of medicines for Bayer's anticancer Nexavar (sorafenib tosylate), allowing the domestic firm Natco Pharma, to self manufacture and sell a version of Nexavar for just over 3% of the price that Bayer sells the drug for in India.