Key Developments: Cipla Ltd (CIPL.BO)
Latest Key Developments (Source: Significant Developments)
Business Standard reported that the Indian patent office has revoked US-based Pfizer Inc's patent for cancer drug Sutent in India. The patent office has rejected Pfizer's claim for the patent over Sutent, saying Pfizer's patent does not involve any inventive step. The post-grant opposition was filed by Mumbai-based Cipla Ltd and Natco Pharma. Against the decision, Pfizer India will appeal before Intellectual Property Appellate Board (IPAB). Full Article
The Economic Times reported that Cipla Ltd says it has scored a court win in a patent challenge launched by Switzerland's Roche Holding AG over the Mumbai firm's version of a lung-cancer drug. Delhi High Court Justice Manmohan Singh on Friday ruled that Cipla's drug, Erlocip, did not violate the Roche patent on its anti-lung cancer medication Tarceva due to its different molecular make-up. No further details of the judgment were available. Full Article
CAPE TOWN, June 26 - South Africa has awarded Cipla Medpro a 345 million rand ($32.6 million) share in the national respiratory tender as Africa's most advanced economy seeks to cut high asthma mortality rates, the company said on Thursday.