US drugmaker The Medicines Company (Nasdaq: MDCO) says it has settled its litigation with India’s Sun Pharmaceutical Industries (BSE: 524715) and certain of its subsidiaries relating to MDCO’s US Patent Nos 7,582,727 and 7,598,343 covering the anticoagulant Angiomax (bivalirudin). The patents are listed in the Orange Book and expire on July 27, 2028.
As a result of the settlement, MDCO will permit a Sun Pharma subsidiary to market a generic bivalirudin product in the USA on June 30, 2019, or earlier in certain limited circumstances. This settlement validates MDCO’s patents while allowing a Sun Pharma subsidiary to enter the market with its generic product. The other terms of the agreement are confidential. The agreement will be submitted to the applicable governmental agencies for review.
Glenn Sblendorio, president and chief financial officer of The Medicines Company, stated: “This settlement further confirms the strength of our Angiomax patents and, we believe, is a common sense approach to resolving this litigation.”
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