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AstraZeneca to appeal on patent judgement
AstraZeneca to appeal on patent judgement
Date published:
19/01/2006
AstraZeneca has announced it is to appeal the judgement made
in a US court over patents. The decision made in a Missouri district court
centres on the validity, enforceability and infringement of two of the US
patents associated with the hypertension treatment Toprol-XL (metoprolol
succinate).
The court ruled in favour of the defendants
KV Pharmaceutical,
Andrx Corp and Novartis's
Eon Labs stating that the compound and composition patents for Toprol-XL were
invalid and unenforceable. The company said in a statement: "AstraZeneca
disagrees with and is disappointed by these conclusions. The company maintains
that both patents are valid and enforceable and will appeal the court's
decision."
The patents on Toprol-XL, which generated sales of $1,291
million in the US last year, are due to expire in 2007. Commenting on the case
Paul Diggle, an analyst at Nomura Code Securities, told Bloomberg: "By the end
of March, AstraZeneca will have negligible Toprol sales in the US.
"It's going to be the kind of blood-bath that we've seen on products
like Allegra.' AstraZeneca's anti-ulcerant Nexium and schizophrenia treatment
Seroquel are both also being threatened by patent loss, although court cases
are not imminent in these instances.
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