TITLE

Ranbaxy's woes add $900 million in costs for heart drug in US

PUB. DATE
February 2014
SOURCE
FRPT- FMCG Snapshot;2/23/2014, p21
SOURCE TYPE
Industry Profile
DOC. TYPE
Industry Report
ABSTRACT
The article reports on Ranbaxy Laboratories Ltd.'s inability to manufacture and market copies of Novartis AG's heart drug Diovan due to the failure of its Indian factories to comply with U.S. inspections. Topics discussed include the Diovan patent's expiry in 2012, steps in the approval process for generic drugs, and a gap in U.S. patent law that has kept Diovan copies off the market. Ranbaxy's rights to make copies of the AstraZeneca drug Nexium and Roche Holding's Valcyte is also cited.
ACCESSION #
95879598

 

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