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...More so for the generic pharmaceutical companies in India that manufacture patented drugs after the expiry of the patent term. Any extension of the patent term will adversely affect access to the cheaper medicines that they manufacture. A patent is an exclusive right granted for an invention which is new, useful, and non-obvious. In developed countries, IP protections incentivise individuals for their creativity and public disclosure of technical information, which aid the promotion of new knowledge and increased innovation. ...Live Mint on July 28, 2017, 1:31 a.m.