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Denmark's Novo Nordisk sued in U.S. over generic Prandin
January 14, 2014 / 11:35 AM / 4 years ago

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

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