A month ago, Dharmesh Shah had enough time to spare for day-to-day activities of a lesser-known company -- BDR Pharma -- where he serves as chairman & managing director.
However, in the last one week, his phone has remained switched off. He was bombarded by calls from the health care industry across the globe and he was not accessible, even through emails.
Reason: The Mumbai-based mid-sized pharma company has decided to take on global pharma MNCs by challenging patents of their costly cancer drugs in India.
The international health care fraternity is ready to support his fight to make cancer drugs affordable to patients across the globe. About 20 days ago, BDR had filed its first compulsory licence application in India for Sprycel (Dasatinib), the cancer drug owned by Bristol Myers Squibb.
With CL, domestic players can manufacture and market generic versions by paying a royalty to the patent-holding company.
According to Shah, the three-year suffering experienced by his father, who was a cancer patient, opened his eyes.
“I have realised the stark reality in India, where lakhs of patients are struggling as they cannot afford the expensive medicines.”
Shah said, “Though we have been in the pharmaceutical industry in India for the last nine years, I felt the need to strengthen our presence in oncology after that incident.”
The Rs 1,000-crore (Rs 10-billion) company has four divisions mainly - oncology, neurology, gynaecology and critical care.
BDR believes the company can provide Dasitinib at around Rs 8,000 for a month's treatment against BMS' price of Rs 170,000