US court clears way for Natco's Copaxone launch
The Supreme Court denies Teva's request for an injunction relating to generic Copaxone, clearing legal hurdle for Mylan and Natco to launch the generic drug
BS B2B Bureau B2B Connect | Hyderabad
This verdict clears legal hurdle for Mylan and Natco to launch the generic version of Copaxone in the market.
Natco and Teva have been at loggerhead with each other in a patent fight over the top-selling multiple sclerosis drug Copaxone, which had registered revenue of $4.2 billion in the US during 2013. Teva’s Copaxone patents expiring in September 2015 were held invalid by a US court in July 2013, making generic entry possible in May this year when the remaining patents expire.
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First Published: Apr 21 2014 | 1:50 PM IST