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:

Sun loses US patent case for lucrative drug
PB Jayakumar / Mumbai April 12, 2009, 0:48 IST

Sun Pharmaceutical Industries has lost a patent infringement case in the US on Cardene, a drug for controlling high blood pressure. However, the main patent expires this November.

 
 
News Now
Paper
Specials
- Sensex makes remarkable recovery, regains 17K
- Koda says he will report to ED only after Jharkhand polls
- Nepal's dethroned king Gyanendra gets first passport
- Two Pakistanis linked to Mumbai attacks arrested in Italy
- India attaches high priority to ties with US: PM
More  

The company had made $181 million in sales of the generic equivalent of Cardene in the US for the 12 months ended June 2008, according to the IMS data. That will have to stop till at least November. A US district court ruled last week that Sun Pharma’s generic equivalent of Cardene injections infringes on the patent rights of EKR Therapeutics Inc and PDL Biopharma.

The development may impact for a while Sun Pharma’s plan to expand into injectable generics, a segment in which value erosion is less during the run-up to patent expiry in the US market, due to less competition. Israeli drug major Teva has been marketing its own generic version of Cardene injections since September 2008, for which there is no legal challenege. After Teva’s launch, the price had eroded by only 20 per cent, and this could have been a good money spinner for Sun Pharma this year, said analysts.

“Generally we avoid making any statements or announcements about our product pipeline, specially Para IV products, till these are approved. Even in this case, it would be difficult for us to respond on the litigation, and our going forward strategy,” said a Sun Pharma spokesperson.

The drug originally belonged to Roche and was licensed out to PDL BioPharma, which sold the rights to EKR Therapeutics in February this year. PDL BioPharma sued Sun Pharma in April 2007 for infringing the main US Patent on Cardene. Judge Katharine S Hayden ruled that Sun Pharma’s generic infringed the patent, as it is similar to the patented Cardene.

Now Sun Pharma has the option of appealing in the state Supreme Court against the decision, but it seems unlikely, as the patent nears expiry, said an expert.

Arrow Other Stories     
- Sensex makes remarkable recovery, regains 17K
- Koda says he will report to ED only after Jharkhand polls
- Nepal's dethroned king Gyanendra gets first passport
- Two Pakistanis linked to Mumbai attacks arrested in Italy
- India attaches high priority to ties with US: PM
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
   Discussion Board / User Comments    
Display Name  Email-Id  
Post your comment
Most Popular
Read
E-Mailed
Commented
   
- Bharti Airtel slashes roaming rates by 60%
- Govt may allow private sector investment in education
- Network18 lays off 200 staffers
- Suzlon Energy's three promoters pledge 2.8 cr shares
- Patni may host all IT services on 'cloud'
 
 More  
BS Poll
Cast Your Vote
 
   
 
Should India's defence sector be thrown open to foreign investments?
  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