Business Standard
Friday, Jun 01, 2012
drived banner
drived banner
  Advanced Search
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 | Commodities
 

Sun Pharma loses generic challenge in US court
Joe C Mathew / New Delhi Nov 22, 2010, 00:29 IST

Sun Pharmaceutical Industries has lost an opportunity to launch the generic version of a schizophrenia drug that had generated revenue of $4 billion (Rs 18,150 crore) in the United States market in 2009. It, with some other generic drug majors, lost a patent battle against Japanese drug major Otsuka and its US business partner, Bristol Myers Squibb (BMS), last week.

A favourable decision in this regard would have seen the company launching a low-cost version of Abilify (aripiprazole), during the year. The district court of New Jersey had ruled last week that Abilify had patent protection and exclusive marketing rights till 2015.

BSE | NSE
Price  
Sun Pharma
A Sun Pharma spokesperson said the company was yet to decide if it should appeal to a higher court. It was among a handful of generic drug manufacturers, including Israel’s Teva Pharmaceuticals and Swiss drug maker Novartis’ generic arm, Sandoz, that had filed a patent suit on the drug in the US court.

For BMS, which holds marketing rights for the drug in US and Europe, the decision has been very positive. Abilify is the sixth-biggest selling drug in the US.

Sun Pharma said the setback would not have much impact on its US fortunes, given its significant win, the biggest legal one for any Indian pharma company, in invalidating the innovator patent in yet another product (gemcitabine) recently.

“We not only won in the lower court but also in the appeal court. Even the request for review of appeal by Eli Lilly was denied by the court...No Indian pharma company, except us, has invalidated an innovator patent at the appeal stage, fighting the litigation alone,” the spokesperson said.

Sun was expected to launch its version of gemcitabine, a cancer medicine, in the US market this month. Eli Lilly markets it under the Gemzar brand name. It is one of the largest selling drugs for that company.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets post worst May performace since 2006
- Kavveri Telecom Q4 net declines over 6%
- Wall Street opens flat on economy worries
- RIM to set up first BlackBerry innovation zone in India
- Rajaratnam bragged about sources of inside info: Gupta lawyers
  Read Business news in 
- "Discover The Power of One"
- Help a Child Achieve her. Click to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- Watch The Film Here. Click here to know more..
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- One Partnership Endless Possibilities. Click here to know more
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Slowdown gets worse, GDP growth sinks to 9-year low
- India to be $2-trn economy by FY13-end?
- India Inc ready to shift to other side of the dot on www
- Bharat Bandh sussessful in Chhattisgarh
- IIT alumni to move court on changes in JEE
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  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 BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us