The preliminary injunction orders issued on Friday by a US court against Dr Reddy's Laboratories Limited on the launch of generic Suboxone, a sublingual film product indicated for treatment of opioid dependence, comes as a set back for the company.
This preliminary injunction was followed after the District Court of the District of New Jersey issued a temporary restraining order on June 16 against further sale and commercialisation of generic Suboxone by Dr Reddy's in the US.
With sales of around $1.86 billion annually, Suboxone was one of the key near-term launches lined up by Dr Reddy's this year with