Molecule v Market: Rethinking ATC-4 Classification in Indian Pharmaceutical Merger
Introduction On 6 July 2026, the National Company Law Tribunal ('NCLT'), Ahmedabad Bench sanctioned the amalgamation of J.B. Chemicals & Pharmaceuticals Limited into Torrent Pharmaceuticals Limited. The scheme finally came into effect on the day of the winding up of J.B. Chemicals, which was two days later, and its brands, plants and distribution network became instantly part of Torrent, turning it into one of the largest branded pharmaceutical businesses in India. The NCLT o
Pramitee Singh & Akshat Jain
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The Novartis Legacy – From Therapeutic Efficacy to Procedural Evasion
The Novartis Precedent and the Ascent of the Therapeutic Efficacy Doctrine The Supreme Court of India's 2013 judgment in Novartis AG v. Union of India & Others was the tipping point in the history of pharmaceutical patenting and international intellectual property law. One loosely phrased clause in the Indian Patents Act , Section 3(d), was converted into a powerful doctrine that has, in turn, dictated the intellectual property rights-public health balance ever since. Thro
Sana Yadav & Souvagyo Banerjee
Dec 16, 2025