Indian Express

Express India

Screen

Loksatta

Express Cricket

Kashmir Live

Biz Publications
 
| Make this your homepage | Feedback

Daiichi Sankyo sues Matrix Lab

BV Mahalakshmi
Posted online: Thursday , June 05, 2008 at 00:29 hrs
Updated On: Thursday , June 05, 2008 at 00:29 hrs


Font Size

Print

Feedback

Email

Discuss
Rate This Article
1 2 3 4 5 6 7 8 9 10
Rating:  1

Hyderabad-based Matrix Laboratories Ltd has been sued by the Tokyo-based Daiichi Sankyo in a patent infringement case. This was confirmed by the Nasdaq-listed Mylan Inc, which has a majority stake in Matrix. The company has been sued by Daiichi Sankyo in connection with Amlodipine Besylate/Olmesartan Medoxomil tablets in the capacities of 5 mg/20 mg, 10 mg/20 mg, 5 mg/40 mg, and 10 mg/40 mg, for its generic version of Daiichi Sankyo's Azor tablets. These tablets are anti-hypertensive in nature and used in the treatment of angina.

Daiichi Sankyo filed a lawsuit on Tuesday in the US district court for the district of New Jersey, alleging infringement of the sole patent relating to Azor, which is listed in the "Orange Book" as US patent No 5,616,599. When contacted, the company officials were not available for comments. Mylan believes that Matrix is the first company to file a substantially complete Abbreviated New Drug Application (ANDA) containing a paragraph IV certification for the product. Matrix filed an ANDA with the US Food and Drug Administration in early 2008.

According to analysts, if Daichii Sankyo wins because of its first-to-file case, it will have a shared 180-exclusivity for marketing this product. As per estimates, Amlodipine tablets have a market size of around $2 billion. The product is currently the largest molecule, which has gone off-patent in Japan and represents the biggest generic opportunity so far in the Japanese generic market.

Ads by Google

Post Comments

Comments: (Limit 3,000 characters)
Name
Message
Email ID
Subject
TERMS OF USE:
The views represented here are not neccesarily endorsed by www.financialexpress.com and its allied websites. All messages will be moderated and no message that has inflammatory, abusive, derogatory language or any language deemed unfit for publication by the editor will be displayed. Though it will be endeavoured that as many messages as possible be displayed, there will be time lag between the submission and publication of the messages. The website reserves the right to publish or reject any message.
I agree to the terms of use.

Comments
Shaadi Matrimonials
Get Marriage Proposals by Email EVERYDAY!
Register FREE on Naukri.com.
200000+ Hot Job Openings!
Yatra Offers
10% cash back on Master Card
Send Gifts
Flowers and Gifts
Express Classifieds
Post and view free classifieds ad
Express Astrology
Know what's in the stars for you