US judge denies Ranbaxy bid to reinstate approvals for Valcyte, Nexium copies

Launching the first generic copies of the drugs would have given Ranbaxy six months of exclusivity on the market

Reuters Mumbai
Last Updated : Feb 28 2015 | 11:54 AM IST

A US federal judge has denied Indian generic drugmaker Ranbaxy Laboratories Ltd's bid to reinstate approvals granted to it to launch the first copies of the heartburn drug Nexium and the antiviral Valcyte, a court document showed.

Judge Beryl Howell of the United States District Court for the District of Colombia on Friday also blocked Ranbaxy's plea for a preliminary injunction to halt Teva Pharmaceutical Industries Ltd, Endo International Plc and Dr Reddy's Laboratories Ltd from launching copies of the two drugs.

The court decision came after Ranbaxy sued the US Food and Drug Administration in November for pulling approvals that would have allowed the Indian firm to launch the first copies of Roche's Valcyte and AstraZeneca Plc's Nexium.

Launching the first generic copies of the drugs would have given Ranbaxy six months of exclusivity on the market.

FDA had said its earlier decision granting the approvals was "in error" as Ranbaxy's plants at the time were not compliant with the US regulator's manufacturing quality standards.

Ranbaxy, which is being acquired by larger rival Sun Pharmaceutical Industries Ltd, did not immediately respond to a request seeking comment on Saturday.

The company, which has been hit by a series of regulatory sanctions in the past year due to poor production practices at its India-based plants, was expected to hugely benefit from the launch of Valcyte and Nexium copies.

Ranbaxy has previously said it was working on resolving issues at its India plants, all of which are banned from exporting to the United States, its largest market.

*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: Feb 28 2015 | 11:39 AM IST

Next Story