Quantcast

Teva/Ranbaxy Required To Withdraw Generic Quinapril

Get the WebProNews Newsletter:
[ Business]

Pfizer has obtained a preliminary injunction halting sales of a generic quinapril product marketed by Teva Pharmaceuticals USA, Ranbaxy Pharmaceuticals, and Ranbaxy Laboratories.

In a decision issued yesterday, Judge Dickinson R. Debevoise of the U.S. District Court of New Jersey ordered Teva and Ranbaxy to immediately stop marketing the product which Teva had launched in December 2004 under its own label as part of an agreement with Ranbaxy.

The Court held that Pfizer was likely to prevail in its patent infringement suit filed on January 28, 2005 against Teva and Ranbaxy, and ordered the preliminary injunction to prevent further sales of the Teva-marketed product while Pfizer seeks a permanent injunction. The judge has also denied Ranbaxy’s and Teva’s request to stay the injunction.

As a result of the ruling, Pfizer will seek damages resulting from lost sales.

WebProNews | Breaking eBusiness News
Your source for investigative ebusiness reporting and breaking news.

Teva/Ranbaxy Required To Withdraw Generic Quinapril
Comments Off
Top Rated White Papers and Resources

Comments are closed.

  • Join for Access to Our Exclusive Web Tools
  • Sidebar Top
  • Sidebar Middle
  • Sign Up For The Free Newsletter
  • Sidebar Bottom