We need affordable medicines and we need more innovation. It's time to reinvent the patents regime
India is failing to provide all its citizens access to affordable healthcare. Evidence of this is the slower rate of increase in life expectancy in India in the last few decades compared even with poorer Bangladesh, leave alone China. Moreover, where healthcare is available—and in many places in India it is, in some to fairly high standards—it is unaffordable for poorer people. Therefore, poorer citizens are extremely vulnerable to health shocks in their families which can reduce them to penury.