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   July 2008 News Archive news archive  


01/07/2008  Medica Expands Generic Program with MedVantx news archive
An increasing number of patients with Medica prescription drug benefit coverage can receive a 30 day course of therapy at no cost to the patient. The increase is due to a recent expansion in a partnership with MedVantx that includes more than 300 providers in 35 participating offices in Minnesota....
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01/07/2008  Bentley Pharmaceuticals Completes Spin-Off Of Drug Delivery Business news archive
Company to Move Forward with Plan to be Acquired by Teva Pharmaceutical Industries Ltd....
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01/07/2008  As the FDA Generics Office Turns news archive
Normally, issuing final approvals for Abbreviated New Drug Applications (ANDAs) at the FDA is just another day on the job. But the ANDA granted to Teva Pharmaceuticals yesterday for its generic version of Johnson & Johnson's Risperdal must have stung just a little. ...
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02/07/2008  Summary Judgment Granted for Seroquel Patent Litigation in the US news archive
AstraZeneca today announced that the US District Court for the District of New Jersey has granted the company's Motion for Summary Judgment of No Inequitable Conduct....
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03/07/2008  Mylan gets FDA OK to market generic antibiotic news archive
Generic drug maker Mylan Inc. said Thursday it received tentative approval from the Food and Drug Administration to market its 600 milligram linezolid tablets. ...
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03/07/2008  FDA OKs APP Pharma's generic nausea injection news archive
APP Pharmaceuticals Inc. said Thursday it received final approval from the Food and Drug Administration to market its granisetron hydrochloride injection, the generic version of Hoffmann-LaRoche's Kytril injection for chemo-induced nausea....
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03/07/2008  Glenmark acquires 7 pharmaceutical brands in Poland news archive
Glenmark Pharmaceuticals Ltd. (India) on Wednesday announced that its European organisation, acting through its Czech subsidiary Medicamenta, has signed agreements with Actavis (the international generic pharma company from Iceland) and Biovena (an affiliate of Actavis in Poland) to acquire 7 pharma brands in Poland. ...
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03/07/2008  Bentley Pharmaceuticals & Teva Ltd. Merger Consideration Established At $14.82 Per Share news archive
Bentley Pharmaceuticals, Inc. announced that the aggregate cash purchase price for its acquisition by Teva Pharmaceutical Industries Ltd. has been adjusted in accordance with the merger agreement after completion of the previously announced taxable spin-off of its drug delivery business, CPEX Pharmaceuticals, Inc....
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05/07/2008  Patent-obsessed big pharma joining hands with generics competitors news archive
Within days of Japanese company Daiichi Sankyo acquiring Ranbaxy Laboratories, another innovator company Sanofi Aventis of France said it is making a bid to acquire Czech generics company Zentiva. Does this signal a paradigm shift in the global pharmaceutical space?...
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07/07/2008  Patent office to hear drug firms' views before granting licence news archive
The Indian patent office will provide drug innovators a chance to explain their views before a decision to grant compulsory licences against their patented medicines is taken....
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07/07/2008  APP Pharmaceuticals to Be Acquired by Fresenius news archive
APP Pharmaceuticals, Inc., a leading provider of hospital-based injectable pharmaceutical products, and Fresenius SE, a global health care group with approximately $18 billion of sales in products and services for hospital, dialysis and in home medical care, today announced that they have entered into a definitive merger agreement pursuant to which Fresenius will acquire APP....
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07/07/2008  Dierbergs unveils cheaper generic drugs news archive
Dierbergs Markets will roll out new pricing Tuesday for more than 350 generic medications, the supermarket chain said Monday. Dierbergs is among the latest grocers to offer expanded generic drug programs to compete with Wal-Mart and Target, which expanded there programs in May....
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07/07/2008  Stater Bros. Super Rx Pharmacy Now Offering $4 Generic Prescription Drugs news archive
Stater Bros. has announced that its Stater Bros. Super Rx Pharmacy locations will begin offering generic drugs for $4 per prescription beginning Wednesday, July 9, 2008. Over 300 of the most commonly prescribed generic drugs will now be available for the low price of $4 for a 30-day supply and $10 for a 90-day supply....
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07/07/2008  Generics? No Thanks, We're Glaxo news archive
Others in Big Pharma may be stepping up their investment in generics, but GlaxoSmithKline's new CEO isn't going there....
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08/07/2008  Dr. Reddy's signs global distribution agreement with Albemarle Corporation for Ibuprofen API news archive
Dr. Reddy's Laboratories announced today that it has signed a global distribution agreement for Ibuprofen API with Albemarle Corporation, a US-based specialty chemicals company. The agreement shall come into effect immediately....
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08/07/2008  Effort for Lower Drug Prices Would Focus on Gaining Patents news archive
Unitaid, the international agency created in 2006 to buy medicine to counter AIDS, tuberculosis and malaria, has taken the first step toward establishing a mechanism to deal with a vexing problem of drugs so expensive they are out of reach for most poor people....
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08/07/2008  Plan linking generics to patents is buried news archive
India's drugs regulator has decided to abandon his own proposal to link marketing approvals for non-patented versions of a drug to its patent status, called patent linkage, dropping a plan that led to heated debate and intense lobbying from industry factions and public health advocates....
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08/07/2008  Primary Care Physicians' Prescriptions of Aricept for Alzheimer's Disease Will Drop by 20 Percent Following the Availability of Generic Razadyne in December 2008 news archive
Decision Resources, one of the world's leading research and advisory firms for pharmaceutical and healthcare issues, finds that the generic availability of Shire/Janssen/Ortho McNeil's Razadyne (galantamine) in December 2008 will have the greatest impact on Eisai/Pfizer's Aricept as surveyed primary care physicians (PCPs) estimate that after the launch of generic galantamine, prescriptions of Aricept for the treatment of Alzheimer's disease will drop by up to 20 percent....
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09/07/2008  Roche Palo Alto LLC v. Apotex, Inc. news archive
The Federal Circuit today affirmed a finding on summary judgment by the District Court for the Northern District of California that U.S. Patent No. 5,110,493, which is owned by Plaintiff-Appellee Roche Palo Alto LLC, is valid and infringed by Defendants-Appellants Apotex, Inc. and Apotex Corp....
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09/07/2008  Par Pharmaceutical To Launch Meclizine HCl Tablets news archive
Par Pharmaceutical Companies, Inc. today announced that it will commence shipment of 12.5mg and 25mg meclizine HCl tablets immediately. At this time, Par believes it is the exclusive supplier of the AB-rated generic product....
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09/07/2008  India, China See Potential in Biosimilars as U.S. Stalls on Legislation news archive
With the passage of new patent laws in their countries, India and China will be well-poised to accelerate their pharmaceutical industries, especially biopharmaceuticals, says the author of a new research study of emerging non-US pharmaceutical markets. ...
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09/07/2008  Swaziland to Import Generic AIDS Drugs From Uganda, Vision Says news archive
Swaziland will import generic AIDS drugs from Uganda from next month, New Vision reported, citing Moses Mathedelene, the Swazi foreign minister....
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10/07/2008  Taro Board Concludes That Sun Tender Offer is Financially Inadequate, Is a 'Sham' Offer and Violates Israeli Law news archive
Taro Pharmaceutical Industries Ltd. said today that its Board of Directors (with Drs. Barrie Levitt and Daniel Moros and Ms. Tal Levitt neither participating in the deliberations nor voting) has unanimously concluded that Sun's offer is financially inadequate and is a 'sham' offer, because we believe Sun knows that it will not be accepted by the shareholders....
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10/07/2008  Actavis generic prostate cancer drug Bicalutamide first to market in UK, Germany, France news archive
Actavis today announced the launch of Bicalutamide tablets in the United Kingdom, Germany and France. Actavis' Bicalutamide is the first generic version of the oncology drug to be made available in the three markets....
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11/07/2008  Teva Pharma shares fall on drug patent challenge news archive
Shares of Teva Pharmaceutical Industries Ltd. fell Friday as Momenta Pharmaceuticals Inc. turned the tables on the generic drug developer by challenging the patent on its lucrative multiple sclerosis drug....
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11/07/2008  Akorn-Strides, LLC Announces the First Commercial Product Launch for the Joint Venture, Rifampin for Injection news archive
Akorn-Strides, LLC today announced the first commercial product launch for the Joint Venture, Rifampin for Injection USP, 600 mg/vial. Rifampin is used in the treatment of all forms of tuberculosis in conjunction with Isoniazid and Ethambutol....
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13/07/2008  U.S. authority seeks documents from India's Ranbaxy news archive
The U.S. Food and Drug Administration has filed a motion in a U.S. court seeking documents from Indian drugmaker Ranbaxy Laboratories Ltd as part of an ongoing investigation, a Ranbaxy spokesman said on Sunday....
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14/07/2008  AstraZeneca Wins Seroquel Case on Summary Judgment; Teva and Sandoz to Appeal news archive
On July 1st, the U.S. District Court for the District of New Jersey granted AstraZeneca's motion for summary judgment that its patent on quetiapine fumarate, the active ingredient in Seroquel, is not unenforceable for inequitable conduct. The decision disposed of the last remaining issue in the case, as Teva and Sandoz, which are challenging the patent, had already conceded infringement and validity....
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14/07/2008  Insmed copies Amgen's Neupogen but FDA likely to wait for biogeneric pathway before approving the drug news archive
Insmed has indeed demonstrated bioequivalency for its biogeneric white blood booster, but the FDA is unlikely to approve the drug until a regulatory pathway is in place, legal and scientific sources told Pharmawire, drawing a distinction between the science and politics that are shaping the biosimilar debate....
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14/07/2008  Eularis Analyses Most Effective Generics Defense Strategies With New Pharmaceutical Industry Report news archive
Branded Pharmaceutical companies are painfully aware of the astronomical growth of Generics competition. By the end of this year, Branded drug patents accounting for sales of more than $80 Billion will expire, resulting in major losses in company profits....
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14/07/2008  Patent Gridlock Suppresses Innovation news archive
The Founders might have used quill pens, but they would roll their eyes at how, in this supposedly technology-minded era, we're undermining their intention to encourage innovation. The U.S. is stumbling in the transition from their Industrial Age to our Information Age, despite the charge in the Constitution that Congress "promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries."...
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14/07/2008  Sun Pharma Extends Tender Offer for Taro news archive
Sun Pharmaceutical Industries Ltd. today announced its subsidiary, Alkaloida Chemical Company Exclusive Group Ltd., has extended the Expiration Date of the Tender Offer for purchase of all outstanding Ordinary Shares of Taro Pharmaceutical Industries Ltd....
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15/07/2008  Consumer litigation threat to Ranbaxy? news archive
Two days after it became public that Ranbaxy Laboratories Ltd is the target of a US litigation that has federal investigators charging that the company did not follow standards in drugs manufacturing and fabricated data in filings with that country's drugs regulator, it has emerged that the company might be at a much bigger risk: expensive class action suits in the world’s most litigious nation....
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15/07/2008  Generics at the gate news archive
Want to know how quickly generic drug competition can eat into sales of the original? Risperdal, an anti-psychotic drug sold by Johnson&Johnson;, came off patent protection in June and the effect on sales of the original drug was immediate: Risperdal sales fell 16% year over year. That's with only a few weeks of generic competition....
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16/07/2008  Shire Sues Two More Drugmakers Over Carbatrol news archive
Shire has brought patent infringement lawsuits against Nostrum Pharmaceuticals and Apotex for filing applications to market generic versions of its anti-seizure drug Carbatrol....
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16/07/2008  Teva in talks to buy Barr Pharmaceuticals news archive
Sources inform "Globes" that Teva Pharmaceutical Industries Ltd is in talks to acquire NYSE-traded Barr Pharmaceuticals. ...
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16/07/2008  IMPAX Announces Final Settlement Of Generic Effexor XR Patent Suit news archive
IMPAX Laboratories Inc. today announced that all conditions of a settlement of the U.S. patent infringement litigation pertaining to IMPAX's proposed generic capsule formulation of Wyeth's EFFEXOR XR anti-depressant have been approved by the United States District Court for the District of Delaware....
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16/07/2008  License to Steal news archive
Like a zombie in a horror flick, the issue of compulsory licensing has emerged again in Thailand and just won't die....
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17/07/2008  Novartis:Timing Of German Generic Plavix Launch Tough To Call news archive
Novartis AG (NVS) said Thursday it was difficult to predict when a generic version of Sanofi AG's (SNY) blood-thinner Plavix can be launched in Germany, after the local regulator suspended an approval that it had given earlier because the French company had requested it. ...
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17/07/2008  Merck wins Fosamax dispute with Apotex news archive
Merck & Co Inc won a fight with Apotex over the osteoporosis drug Fosamax when a patent appeals court ruled on Wednesday against the generic drugmaker on all counts. ...
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17/07/2008  Democrats to investigate Ranbaxy allegations news archive
A pair of powerful House Democrats will investigate what U.S. regulators knew about allegations that drugmaker Ranbaxy lied about the quality of its products....
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18/07/2008  Cheaper drug prices flow on to patients news archive
PRICE rises might be infecting most consumer goods in Australia these days but there is good news for the sick: the cost of many popular prescribed medicines is coming down. ...
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18/07/2008  Teva to Acquire Barr news archive
Teva Pharmaceutical Industries Ltd. and Barr Pharmaceuticals, Inc. announced today that they have signed a definitive agreement under which Teva will acquire Barr, the fourth largest generic drug company worldwide. ...
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18/07/2008  Stada Tops Generic Takeover Targets for Drugmakers news archive
Anna Csapo, the manager of the Panacea Pharmacy in downtown Budapest, sells 10 different generic versions of Pfizer Inc.'s Norvasc because of the demand for low-cost copies of the blood-pressure medicine....
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18/07/2008  Actavis Totowa Accused of Producing Dangerously Defective Digitek Heart Pills in Lawsuit Filed by Cory Watson Crowder and DeGaris news archive
A Federal lawsuit filed in Birmingham, Alabama July 18, 2008 charges pharmaceutical company Actavis Totowa with manufacturing and distributing defective Digitek heart drug pills that contained dangerously excessive doses of the drug's active ingredient, digoxin, causing life-threatening adverse drug reactions....
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20/07/2008  A shared approach to HIV/AIDS news archive
Richard Gold, a professor at McGill University's faculty of law, helped conduct a feasibility study that would bring pharmaceutical companies together to create a patent pool for medicines....
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20/07/2008  Hurvitz: There was no crisis at Teva news archive
"There was no crisis at Teva. I'm not denigrating the position or scale of the public shareholders. The crisis was not at us," Teva Pharmaceutical Industries Ltd. chairman Eli Hurvitz said this morning in an interview with "IDF Radio". ...
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21/07/2008  Sector Snap: Wachovia cuts generic drugmakers news archive
Investment bank Wachovia downgraded four of the largest generic drug companies Monday, indicating it expects them to perform about as well as the overall market....
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21/07/2008  U.S. Federal Circuit Court of Appeals Fully Upholds Eisai's Favorable Ruling in Aciphex Patent Infringement Lawsuit Against Teva Pharmaceuticals and Dr. Reddy's Laboratories news archive
With respect to Eisai's patent infringement lawsuit against Teva Pharmaceuticals and Dr. Reddy's Laboratories concerning Aciphex(R) (rabeprazole sodium), Eisai Co., Ltd. and its U.S. subsidiary Eisai Inc. (collectively "Eisai") today announce that the United States Court of Appeals for the Federal Circuit has affirmed both the United States District Court for the Southern District of New York's summary judgment rulings on the validity of Eisai's composition of matter patent and its ruling on the enforceability of the composition of matter patent....
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22/07/2008  Ranbaxy wins UK SFO case news archive
Ranbaxy Laboratories Limited (Ranbaxy) announced that the UK Serious Fraud Office's (SFO) prosecution of its UK subsidiary, Ranbaxy (UK) Limited (RUKL), has been quashed by the English Crown Court. ...
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22/07/2008  Teva Introduces First Generic Lamictal Tablets in the United States news archive
Teva Pharmaceutical Industries Ltd announced today that it has commenced commercial shipment of its generic version of Lamictal(R) (Lamotrigine) Tablets, 25mg, 100 mg, 150 mg, and 200 mg....
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23/07/2008  House committee begins investigation of FDA drug approvals news archive
Two members of the US House of Representatives Committee on Energy and Commerce began an investigation Tuesday into whether the Food and Drug Administration (FDA) allowed the continued sale of certain drugs that agency officials knew had been manufactured and sold using faulty data. ...
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23/07/2008  Glaxo to sell branded generics in emerging markets news archive
GlaxoSmithKline Plc (GSK.L), the world's second largest drugmaker, took a bold step into the branded generics marketplace on Wednesday via an alliance with South Africa's Aspen Pharmacare Holdings (APNJ.J). ...
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23/07/2008  Impax sued over generic prostate drug news archive
Generic drug maker Impax Laboratories Inc. has been sued over its copy of a drug to treat prostate enlargement. ...
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23/07/2008  Teva Completes Acquisition of Bentley Pharmaceuticals news archive
Teva Pharmaceutical Industries Ltd. announced today that it has completed its acquisition of Bentley Pharmaceuticals, Inc. which will operate in Spain under the Teva name. At closing, Bentley consisted solely of its generic pharmaceutical operations, following the spin-off of its drug delivery business to its stockholders on June 30, 2008....
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24/07/2008  Sagent Pharmaceuticals launches Ceftazidime For Injection, USP news archive
Sagent Pharmaceuticals, Inc., a privately-held specialty pharmaceutical company, today announced that it has launched ceftazidime for injection, USP, a semisynthetic broad-spectrum, beta-lactam antibiotic....
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24/07/2008  Barr challenges Cephalon pain-drug patent news archive
Drug developer Barr Pharmaceuticals Inc. said Thursday it is challenging Cephalon Inc.'s patent on the pain drug Fentora and in turn is being sued to prevent it from marketing a generic version....
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24/07/2008  Ranbaxy Launches Generic Amlodipine Tablets on Day-1 in Japan news archive
Ranbaxy Laboratories Limited (Ranbaxy) announced the Day-1 launch of its first independently developed generic product, Amlodipine tablets 2.5mg & 5mg in Japan . Amlodipine 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. The product has a market size of around USD 2 Billion....
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25/07/2008  Watson Launches Omeprazole Delayed-Release Capsules, 40mg news archive
Watson Pharmaceuticals, Inc., a leading specialty pharmaceutical company, announced today that its subsidiary has commenced commercial shipment of its Omeprazole Delayed-Release Capsules USP product in the 40mg strength from its Davie, Florida manufacturing facility....
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25/07/2008  Lannett Company Comments on Litigation with KV Pharmaceuticals news archive
Lannett Company, Inc., a manufacturer of generic pharmaceuticals, today said that on June 6, 2008 it initiated a lawsuit against KV Pharmaceuticals, Inc. and its subsidiaries Drugtech Corporation and Ther-Rx Corporation in the U.S. District Court for the District of Delaware....
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27/07/2008  India, Brazil, South Africa to push for health cooperation news archive
NEW DELHI: The health ministers of India, Brazil and South Africa will meet here Monday and Tuesday to push forward their cooperation in the health sector. Minister for Health and Family Welfare Anbumani Ramadoss will also hold bilateral meetings with his Brazilian and South African counterparts....
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28/07/2008  Sciele shares fall as Mylan launches generic Sular news archive
Mylan Inc said it won U.S. approval for the first generic version of Sciele Pharma Inc's blood-pressure drug Sular, and would ship its product immediately, sending Sciele shares to their lowest point in nearly two years....
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28/07/2008  Ranbaxy launches an authorised generic of Omeprazole 40 mg capsule news archive
Ranbaxy Pharmaceuticals Inc (RPI), a wholly owned subsidiary of Ranbaxy Laboratories Ltd (RLL) today said that under an agreement with AstraZeneca Pharmaceuticals it has launched an authorised generic of Omeprazole 40 mg capsules in the US healthcare system....
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28/07/2008  Sandoz Recalls Eye Drug in Canada news archive
Health Canada is warning consumers not to use Sandoz Canada's timolol ophthalmic solution in 0.25 percent and 0.5 percent strengths because some bottles may contain more of the active ingredient than indicated on the label. ...
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28/07/2008  Lannett Company Granted Import License from DEA news archive
Lannett Company, Inc., a manufacturer of generic pharmaceuticals, today announced that its wholly owned subsidiary, Cody Laboratories (Cody), a manufacturer/supplier of bulk active pharmaceutical ingredients (API) acquired by Lannett in April 2007, has received approval for its import registration application from the U.S. Drug Enforcement Administration (DEA)....
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28/07/2008  Impax Sued Based On Anda Amendment For Additional Dosage Forms Of Generic Opana ER news archive
IMPAX Laboratories, Inc. today announced Endo Pharmaceuticals, Inc. and Penwest Pharmaceuticals, Co. have filed suit for patent infringement based on the Company's amendment to its existing Abbreviated New Drug Application for oxymorphone hydrochloride extended-release tablets CII, generic of Opana ER, adding new 7.5 mg, 15 mg and 30 mg strengths. ...
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28/07/2008  Mylan Acquires Remaining Interest in Somerset Joint Venture From Watson news archive
Mylan Inc. and Watson Pharmaceuticals, Inc. announced today that Mylan has acquired Watson's 50 percent interest in the Somerset Pharmaceuticals, Inc. (Somerset) joint venture. Details of the transaction remain confidential....
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29/07/2008  Teva, Par Face Lawsuit Over RLS Drug news archive
Teva Pharmaceuticals and Par Pharmaceutical are facing a lawsuit in which the plaintiff alleges the companies' generic pergolide, a treatment for Parkinson's disease and restless leg syndrome (RLS), caused her valvular heart disease. ...
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29/07/2008  Barr Confirms Patent Challenge of Sensipar Tablets, 30mg, 60mg and 90mg news archive
Barr Pharmaceuticals, Inc. today confirmed that its subsidiary, Barr Laboratories, Inc., has initiated a challenge of the patents listed by Amgen Inc. in connection with its Sensipar(R) Tablets (cincalcet hydrochloride), 30mg, 60mg and 90mg....
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29/07/2008  Teva Introduces Divalproex Sodium Delayed-Release Tablets USP news archive
Teva Pharmaceuticals is pleased to announce the introduction and availability of Divalproex Sodium Delayed-Release Tablets USP....
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30/07/2008  Sun Pharma gets USFDA approval for generic Depakote delayed release tablets news archive
Sun Pharmaceutical Industries Ltd. announced that USFDA has granted final approval for the Company's Abbreviated New Drug Application (ANDA) for generic Depakote, divalproex sodium delayed release tablets....
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30/07/2008  Lupin Makes an Acquisition in Germany news archive
Lupin Limited announced today that it has acquired Hormosan Pharma GmbH (Hormosan), a German Sales and Marketing generics company specialised in the supply of pharmaceutical products for the Central Nervous System (CNS)....
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31/07/2008  Lupin receives USFDA approval for Divalproex Sodium Delayed-Release Tablets news archive
Lupin Limited, announced today that its subsidiary in the US, Lupin Pharmaceuticals, Inc. (LPI) has received final approval for the Company's Abbreviated New Drug Application (ANDA) for Divalproex Sodium Delayed-Release Tablets, 125 mg, 250 mg and 500 mg from the U.S. Food and Drug Administration (USFDA). Commercial shipments of the product have already commenced....
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31/07/2008  Barr Confirms Patent Challenge of Xyzal, 5mg Tablets news archive
Barr Pharmaceuticals, Inc. today confirmed that its subsidiaries, Barr Laboratories, Inc. and PLIVA-Hrvatska D.O.O., have initiated a challenge of the patent listed by UCB Inc. in connection with its Xyzal(R) Tablets (levocetirizine dihydrochloride), 5mg....
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31/07/2008  Daiichi's open offer for 20% in Ranbaxy awaits Sebi nod news archive
Japanese drug maker Daichii Sankyo, which has signed a share purchase agreement with Ranbaxy, today said its open offer for an additional 20 per cent stake in the domestic pharma major would undergo a change of schedule, pursuant to a delay in Sebi's approval....
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31/07/2008  Handa Pharmaceuticals Announces Submission of its First-to-File ANDA for AstraZeneca's Seroquel XR news archive
Handa Pharmaceuticals, LLC, a specialty pharmaceutical company based in Fremont, California, today confirmed that its Abbreviated New Drug Application or Quetiapine Fumarate Extended-Release Tablets, the generic version of AstraZeneca's Seroquel(R) XR, has been accepted for filing by the U.S. Food and Drug Administration....
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