Zydus settles patent litigation for cholesterol lowering drug with Kowa

As per the deal, Zydus granted a license to market Livalo (pitavastatin calcium) tablet generics

Tabletting machine; Image Courtesy: Siegfried
BS B2B Bureau Ahmedabad
Last Updated : Jan 18 2017 | 12:17 PM IST
Zydus Cadila has settled the patent litigation pertaining to cholesterol lowering drug Livalo (pitavastatin calcium) with Japan’s Kowa Company and Nissan Chemical. 

“Cadila Healthcare Limited and its subsidiary Zydus Pharmaceuticals (USA) Inc have finalised an agreement with Kowa Company Ltd, Kowa Pharmaceuticals America Inc and Nissan Chemical Industries Ltd to settle all outstanding patent litigation related to Livalo (pitavastatin calcium) tablets,” said the company in a BSE filings yesterday.

Pitavastatin, a member of the blood cholesterol lowering medication class of statins, is indicated for hypercholesterolaemia (elevated cholesterol) and for the prevention of cardiovascular disease. Pitavastatin was discovered in Japan by Nissan Chemical Industries and developed further by Kowa Pharmaceuticals. The drug was approved for use in the US by the FDA in 2009 under the trade name Livalo.

Under the terms of the agreement, Kowa and Nissan have granted Zydus a license to market its generic version of Livalo beginning on May 2, 2023, or earlier under certain circumstances. Other terms of the settlement were not disclosed.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*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

Next Story