Pfizer drags Alembic, Breckenridge to court over patent

Accuses the two firms of selling generic version of its anti-depression drug

Image
Press Trust of India New Delhi
Last Updated : Jan 24 2013 | 1:49 AM IST

Alembic Pharma today said Pfizer has filed a lawsuit against it and US firm Breckenridge Pharma for their move to market generic tablets for treating depression.

The tablets in the strengths of 50 mg and 100 mg are a generic version of Pfizer Inc's Pristiq tablets.

"Breckenridge Pharmaceuticals Inc, USA and Alembic Pharmaceuticals Ltd were named as co defendants in a Paragraph IV lawsuit filed by Pfizer Inc concerning their ANDA for desvenlafaxine succinate extended release tablets...," Alembic Pharmaceuticals said in a filing to BSE.

Alembic is the sponsor and manufacturer of the abbreviated the new drug application (ANDA), which will be marketed exclusively by Breckenridge, the company said.

Both the companies filed their Paragraph IV ANDA on the first possible submission date and expect to share 180 days exclusivity with other first filers, it added.

According to industry data Pristiq generated sales of $577 million, the Vadodara based firm said.

Alembic shares were trading at Rs 55.55 per scrip in the afternoon on BSE, up 2.02% from its previous close.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 29 2012 | 1:54 PM IST

Next Story