Pfizer's global battle against Ranbaxy to protect the patent rights of its blockbuster drug Lipitor has taken a fresh turn with the Dublin High Court giving a ruling in favour of Pfizer, stating that Ranbaxy's generic atorvastatin will be infringing on Pfizer's patent rights. |
The decision prevents Ranbaxy from launching its drug before the basic Lipitor patent expires in November 2011 in Ireland, a $20 million market for Lipitor. |
"We are confident of our position and will file a timely appeal against the court ruling," a Ranbaxy spokesperson said. |
"Today's decision is yet another affirmation of the strength of the intellectual property behind Lipitor," said Pfizer General Counsel Allen Waxman. |
"It is also an important outcome for Pfizer and other medical innovators, who invest in high-risk research to develop life-saving medicines, and for the patients who benefit from those medicines," he said. |
Ranbaxy is involved in a legal battle with Pfizer in more than 17 countries, including the United States, over patent infringement of Pfizer's Lipitor. |
A couple of months ago, a Norway court had ruled in favour of Ranbaxy on the same case when it invalidated four patent claims of the US pharma giant. |
Lipitor had brought in revenues worth $12.89 billion for Pfizer in 2006. Ranbaxy, which spent about $37 million during 2004-05 to fight the patent battle related to Pfizer's Lipitor, also has high stakes in the legal battle. |