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Novartis Takes On Colombia Over Glivec Pricing

 
• By Francesca Bruce

Novartis is taking Colombian authorities to court over moves to cut the price of its anticancer Glivec (imatinib) and warns that the intellectual property rights of other products are under threat. Companies selling hepatitis C drugs should pay attention as their products could be next to face similar measures.

Novartis AG is fighting what it thinks are unfair tactics by the Colombian health ministry to undermine intellectual property rights and cut the price of its anticancer Glivec (imatinib). It claims it is taking action to stop the same thing happening to other pharmaceuticals. Indeed, pressure is mounting from civil society to make hepatitis C treatments, including Gilead Sciences Inc.’s Sovaldi (sofosbuvir), Bristol-Myers Squibb Co.'s Daklinza (daclatasvir) and Merck & Co. Inc.‘s Victrelis (boceprevir) more accessible.

In the latest development in the wrangling over Glivec, the Colombian health ministry has announced the national pricing commission’s decision...

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