Global generics leader Teva Pharmaceutical Industries (NYSE:TEVA) yesterday confirmed that it has received the first paragraph IV notice for its three-times-a-week Copaxone (glatiramer acetate) injection 40mg/mL product from Indian drugmaker Dr Reddy’s Laboratories (NYSE: RDY).
Israel-headquartered Teva says it will continue to vigorously defend its Copaxone intellectual property rights against infringement wherever they are challenged. Teva intends to file a law suit for patent infringement against Dr Reddy’s within the 45 day period provided under the Hatch-Waxman Act. The filing of the law suit will trigger a 30 month stay of Food and Drug Administration approval of Dr Reddy’s Abbreviated New Drug Application.
According to Teva, Copaxone 40mg/mL is protected by two Orange Book patents that expire in 2030. The company says that the drug is leading multiple sclerosis therapy in the USA and globally, and second-quarter 2014 sales amounted to $900 million, a decrease of 12% on the like 2013 period.
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 accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
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
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze