Advertisers
Free Chat Rooms   UK Chat Rooms   Chat Community   
Chat   Free Chat Rooms   Punk Rock T-Shirts   Free Chat   Live Chat   Concert Bands T Shirts   Chat Rooms   Fitness News   
Free Web Directory | Directory Submission Service | Buy Text Links | Theaters and Showtimes | News Archive |
Suggest a Site | Check Status

Plavix Wins a Big Victory ; U.S. Judge Blocks Generic Till 2011

Current Headlines

Plavix Wins a Big Victory ; U.S. Judge Blocks Generic Till 2011

Jun 20, 03:59 PM

Current Headlines: By LARRY NEUMEISTER, THE ASSOCIATED PRESS

NEW YORK A Canadian company's cheap generic version of the blood thinner Plavix has been blocked from the U.S. market until at least 2011.

U.S. District Judge Sidney H. Stein said Tuesday that Apotex Inc. had failed to prove during a three-week trial in New York City this year that the patent protecting Plavix from competitors was invalid.

Plavix, used by 48 million Americans, is Bristol-Myers Squibb Co.'s best-selling product. It is the world's second best-selling drug after Pfizer Inc.'s cholesterol-lowering agent Lipitor.

The ruling also was a victory for the French patent-holder, Sanofi-Aventis, which sells Plavix in the United States through Bristol-Myers.

"We're pleased that our intellectual property rights have been maintained," said Bristol-Myers spokesman Tony Plohoros.

Robert L. Baechtold, a lawyer for Bristol-Myers and Sanofi, said Stein delivered a "carefully thought out and well-reasoned decision."

Apotex said it would file an immediate appeal with the federal circuit in Washington. A win would allow the company to "once again make possible billions of dollars in savings for the public," said Chief Executive Barry Sherman.

Apotex's drug sells for about $124 for 30 pills, compared with $148 for a month's supply for the branded version.

Shares of Bristol-Myers surged $1.27, or 4.2 percent, to $31.58 Tuesday, while Sanofi-Aventis' U.S. shares rose 24 cents to $41.59.

Last year, Stein had granted a request by Sanofi-Aventis to stop Apotex from producing the generic drug, which had gained a majority of market share after its launch last summer. The judge had allowed Apotex to continue selling a six-month supply of product that it already had shipped to U.S. distributors.

Sherman said the issues in the case were "extremely similar" to those in a dispute over a patent for a blood-pressure medication, Norvasc. Earlier this year, a federal appeals court cleared the way for Apotex to sell a cheaper generic version of the blood-pressure drug.

The judge, however, rejected Apotex's claims that his findings in the Plavix case were similar to the overturned Norvasc ruling.

Sherman said Apotex will pursue the Plavix case "full bore and work relentlessly" to invalidate the patent covering clopidogrel bisulfate, the active ingredient in Plavix. Sanofi obtained the patent in July 1989, naming two employees as inventors.

In Tuesday's opinion, Stein said Sanofi had shown it was likely to suffer irreparable price erosion, loss of goodwill and a negative impact on the amount of research devoted to developing other medical uses for Plavix if sales of the generic version were allowed.

The judge rejected claims by Apotex that the patent protecting sales of Plavix contains disclosures that were obvious to a person of ordinary skill who studies prior pharmaceutical discoveries.

The judge said damages will be set in an amount to be determined at future proceedings.

***

(c) 2007 Record, The; Bergen County, N.J.. Provided by ProQuest Information and Learning. All rights Reserved.

Plavix Wins a Big Victory ; U.S. Judge Blocks Generic Till 2011
Back to Current Headlines
Repair Credit   Gate Operator   Harley Davidson Accessories   Wedding DJ Massachusetts