Venezuela invalidates two Bayer moxifloxacin patents

30 November 2009

Venezuela's Minister of Trade, Eduardo Saman, announced that the Latin American country's government has invalidated two registered pharmaceutical patents for the antibiotic moxifloxacin produced by Germany-based drug major Bayer, according to IP Tango, a Latin American blog site.

The move comes after Bayer initiated civil law suits against two national companies that were producing generic copies of Avelox (moxifloxacin). The accused infringers alerted the Minister of Trade and the Servicio Autonomo de la Propiedad Intelectual (SAPI), after which proceedings started challenging the validity of the patents.

Explaining the situation, SAPI Director General Arlen Pinate said last week that the requirements were not fulfilled, noting that the requirements for granting a patent in Venezuela are three: the invention must be new, not obvious and industrially applicable. Ms Pinate said that the forms did not contain the reason why they were granted.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK



Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Generics