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mega dgak - In addition to these benefits to the industry as a whole, TRIPs has also imposed higher quality standards for drugs and processing. Proponents of TRIPs argue that patent induced privatisation of the industry will lead to growth of the domestic industry that will increase the availability of all biotechnology products to poor people i mega dgak. mega dgak - India already has more pharmaceutical products approved by the United States Food and Drug Administration (FDA) than any foreign country, which is helping the industry to obtain and enforce patents. mega dgak - Thus, TRIPs is increasing investment in the research and development of new drugs. ' India is also becoming an attractive location for the outsourcing of patent drafting. TRIPs will cement India's position as a global pharmaceutical outsourcing hub and offshore location for research and development and other support services including strategic services in patenting and related matters. However, as mentioned before, patents can reduce the availability of new essential drugs by restricting short term diffusion mega dgak. mega dgak - It promotes economic growth of the Indian drug industry, because companies now have patent induced control over the price and availability of new drugs. The Indian pharmaceutical industry will be able to increase its contribution to drug discovery and development, which, given the cost-effectiveness of research and development in India, can only increase.