Barr settles patent cases
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- November
- 19
Barr Pharmaceuticals Inc., a generic drug manufacturer with major operations in Rockland County, said that it will have the rights to launch generic versions of the allergy treatments Allegra and Nasacort in settlements of patent litigation.
Sanofi-Aventis and other companies had filed the lawsuits accusing Barr with infringing patents on the medications. Sanofi-Aventis will receive royalty payments from Barr under the settlements that will end the litigation, according to Barr.“We believe that these agreements represent a pro-consumer resolution to this ongoing litigation,” Barr Chief Executive Officer Bruce L. Downey said in a written statement.
This entry was posted
on Wednesday, November 19th, 2008 at 12:56 pm by Jay Loomis.
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Category: Biopharmaceutical
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