Business Standard
Saturday, Nov 21, 2009
 
drived banner
drived banner
  Advanced Search
Feedback | RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Smart Portfolios II
  Search:

HC stops Zydus drug sale on Sun petition
BS Reporters / Mumbai/chennai November 11, 2009, 0:43 IST

The Madras High Court today directed Ahmedabad-based Zydus Cadila (Cadila Healthcare) not to sell its anti-depressant drug, Venz (venlafaxine), in the domestic market for the time being, based on a trademark complaint from Mumbai-based Sun Pharmaceutical industries.

Sun Pharma had complained to the HC that Venz, a recent launch, is confusingly similar to its brand, Veniz, an established product in the market since 2001. Veniz is among the 20 largest selling drugs for Sun Pharma and one of the largest selling in its segment.

The injunction on Zydus has been issued without hearing it and is an interim one. The next hearing on the issue is scheduled next month, sources said.

A Sun Pharma spokesperson declined to comment. The Zydus spokesperson said the company was not in a position to comment today.

Cadila Healthcare had lost a trademark case for the use of its brand name, Mexate (methotraxate), against Wallace Pharmaceuticals in a similar case a few months earlier.

Patent experts said such trademark issues are common between drug companies and thousands of such cases are pending before various courts and the Intellectual Appellate Tribunal Board (IPAB) headquartered in Chennai.

The Rs 40,000-crore domestic drug market is flooded with over 35,000 brands from more than 3,000 companies, noted industry sources.

Unlike patent litigation, trademark cases can be filed anywhere in India where the company sells the drug, explained Gopakumar Nair, an expert on patents and managing director of Patent Gurukul. He presumed Sun must have had a strong-looking case to be granted an injunction.

Zydus Cadila’s formulations business in India had posted a growth of 10 per cent during the quarter ended September 30, thanks to the launch of 14 new products, including Venz.

Both the drugs are the generic or copycat version of innovator multinational drug company Wyeth’s brand, Effexor. Wyeth’s US patent on venlafaxine, the key ingredient in the drug, had expired last year.

Interestingly, Sun Pharma was not sued by Wyeth when it challenged the patents of an extended version of this drug in the US. However, another Mumbai drug maker, Lupin, was sued by Wyeth for infringing the patents.

Arrow Other Stories     
- Sensex makes remarkable recovery, regains 17K
- Bharati to go by Sebi norms on Great Offshore offer
- Galleon exits Edelweiss; sells 7% stake for Rs 255.54 cr
- Suzlon Energy's three promoters pledge 2.8 cr shares
- Draw export strategy of $300 bn: Assocham to govt
More  
  Read Business news in 
  Get financial advisory and solutions for your projects
  Holidays starting at a delightful EMI of Rs 3481
  Switch on and say hello to Monday morning !
  Your dream home can now be a reality.
  Visit Fortis for a preventive health check-up & get a 20% discount.
  Follow the ups and downs of your investments. Try our new Portfolio Tracker
  Kolkata Dock \ Freight contract for the British Gurkhas Nepal
  Find how Midsize Businesses use ERP to gain competitive advantage
  Trading in Forex is now as easy as 1-2-3
  Discover an economical and cost effective way to market your products and services
  Giftwithlove.com: Same day delivery of Flowers and Cakes to India
  Download the E-book on the Future of Business Intelligence
  Learn Best Practices for improving customer satisfaction
  Know your customers better... download the free e-book on CRM
Share this Story  
 
 
   Discussion Board / User Comments    
Display Name  Email-Id  
Post your comment
ds
sun seems to fear zydus so the court suit against venz od - desvenlafaxine.
Reply
Most Popular
Read
E-Mailed
Commented
   
- Bharti Airtel slashes roaming rates by 60%
- Govt may allow private sector investment in education
- We are not trying for a monopoly: HAL chairman
- Patni may host all IT services on 'cloud'
- Bank stocks rise on merger talk
 
 More  
BS Poll
Cast Your Vote
 
   
 
Should rich charitable trusts be brought under the tax net?
  Yes  No
Submit

  Hot Searches  
 
Amitabh Bachchan | N Chandrasekaran | Swine Flu | Mukesh Ambani | Anil Ambani | TCS | Infosys |  Air India |  Duronto |  Pranab Mukherjee | Sonia Gandhi | Congress | Rahul Gandhi |  Bigg Boss |  New Pension Scheme |  Service tax |  Excise duty |  Sebi | Tech Mahindra |  Ramalinga Raju |  Satyam |  Reliance  |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  |  B-School | DLF  Sensex |  Tax calculator | Home Loan  | Bollywood | Personal Finance |  inflation | oil prices |  World Bank | Reliance Infratel |  HDFC |  Barack Obama  
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Site Map | Contact Us | Feedback