Healthcare Industry News: Ranbaxy Laboratories
News Release - September 13, 2006
Ranbaxy Invalidates Pfizer's 281 Patent in The NetherlandsPRINCETON, N.J., Sept. 13 (HSMN NewsFeed) -- Ranbaxy Laboratories Limited (Ranbaxy) today announced that The District Court of The Hague has handed down a decision in Ranbaxy's case against (Pfizer) Warner-Lambert over the cholesterol-lowering drug, atorvastatin, which is marketed by Pfizer as LipitorŪ. The three-judge panel held that (Pfizer) Warner-Lambert's European Patent 409 281 was invalid in the Netherlands. However, Ranbaxy's atorvastatin product was ruled to infringe the broadest claims of (Pfizer) Warner-Lambert's European Patent 247 633 in the Netherlands. Ranbaxy is evaluating this decision and will decide on its course of action shortly.
Ranbaxy's continued focus on R&D has resulted in several approvals in developed markets and significant progress in New Drug Discovery Research. The Company's foray into Novel Drug Delivery Systems has led to proprietary "platform technologies," resulting in a number of products under development. The Company is serving its customers in over 125 countries and has an expanding international portfolio of affiliates, joint ventures and alliances, ground operations in 49 countries and manufacturing operations in 8 countries.
* LipitorŪ is a registered trademark of Pfizer
Source: Ranbaxy Laboratories
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