US and India sparring over IPR and trade practices

US and India have been sparring over IPR and trade practices. To begin with US claimed that India’s IPR regime discriminated against U.S. companies, especially in the pharmaceuticals sector, and had expressed concerns over issuing a compulsory license (CL), to Hyderabad-based Natco Pharma to manufacture and produce cancer drug Nexavar at a price 30 times…