India court declines Roche bid to stay copycat drug

Wed Mar 19, 2008 6:22am EDT
 
[-] Text [+]

NEW DELHI, March 19 (Reuters) - An Indian court on Wednesday declined to restrain Indian drug maker Cipla (CIPL.BO) from selling a cheaper generic version of Swiss Roche's (ROG.VX) lung cancer drug Tarceva, an official of the Indian firm said.

"Roche had applied for a stay. This is an interim order for not granting the stay," Amar Lulla, a joint managing director at Cipla, told Reuters after a Delhi High Court verdict.

Lulla said Cipla was selling the generic erlotinib at one third of the price charged by the Swiss firm. (Reporting by Devidutta Tripathy; Editing by Ranjit Gangadharan)

 
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better