The multi-national companies in the pharmaceutical industry adopt a practice called ‘ever-greening’. In this context consider the following statements:
1. It is often used by pharmaceuticals to extend the patent of a drug.
2. It is done in order to prevent the generic drug makers to produce and market the drug at a cheaper price.
Which of the statements given above is/are correct?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
• Ever-greening is a practice adopted by pharmaceutical companies under which they make minute modifications to the existing drug in order to retain the patent for that drug.
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