Novartis (NVS) is due to appear before India's Supreme Court on Wednesday in an attempt to gain...

|About: Novartis AG (NVS)|By:, SA News Editor

Novartis (NVS) is due to appear before India's Supreme Court on Wednesday in an attempt to gain patent protection for its leading cancer-drug Glivec, which the Indian government declined to provide. The case comes as India, although suffering from a slowing economy and high inflation, becomes increasingly unpredictable and unfriendly for foreign companies.