ITAT rules on pricing method of generic active pharmaceutical ingredients (API)

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ITAT rules on pricing method of generic active pharmaceutical ingredients (API)

January 19 2011
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Rohan Phatarphekar and Manish Bafna, of KPMG, dissect the Mumbai ITAT ruling in the case of Serdia Pharmaceuticals and explain why APIs can constitute a comparable uncontrolled price (CUP) for the import of drugs when the patent has expired.

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