Denmark's Novo Nordisk sued in U.S. over generic Prandin
COPENHAGEN (Reuters) - Denmark's Novo Nordisk has been sued by a group of healthcare purchasing companies in the United States for allegedly wrongfully keeping generic copies of its Prandin diabetes drug off the market.
A spokesman for Novo said on Tuesday the company aimed to get the case dismissed, but had no further comment.
In 2005 Caraco Pharmaceutical Laboratories, a subsidiary of Indian drug maker Sun Pharmaceutical Industries, applied to get a generic version of Prandin approved by 2009, when Novo's patent on the drug would expire.
In June 2005 Novo ﬁled a patent infringement lawsuit against Caraco, which it lost last summer.
The purchasing companies - American Sales Co, Rochester Drug Co-op and Cardinal - said the case wrongfully delayed generic competition for Prandin and claim compensation for this, Danish daily Jyllands-Posten reported, adding the size of the compensation claim was not disclosed.
Novo has in recent years reaped U.S. sales of $200 million and $250 million per year from Prandin.
(Reporting by Shida Chayesteh and Teis Jensen; Editing by David Holmes)
- South Korea investigates capsized ferry crew, stowage as rescue hampered |
- After Nevada ranch stand-off, emboldened militias ask: where next?
- Retailer Michaels Stores confirms payment card data breach
- All 338 Korean students, teachers rescued from sinking ferry - school official
- Nobel winner Garcia Marquez, master of magical realism, dies at 87 |