Categories: Market

Novartis rejected in US court

Novartis had previously requested that competition be barred as the presiding judges were considering whether to hear the company’s appeal. The Supreme Court overturned an earlier order, according to relevant court documents. This paves the way for competitors to release generic versions of the drug.

At the end of September, Novartis announced that it wanted an earlier decision of the US Federal Court of Appeals (CAFC) to be reviewed by the US Supreme Court.

Novartis doesn’t give up

The group also confirms this in a recent statement submitted to the AWP news agency. “Novartis will continue to vigorously defend the validity of the Gilenya patent and plans to petition the U.S. Supreme Court to review the Federal Circuit’s decision,” he said.

The patent dispute goes back several years. In August 2020, the US District Court in Delaware still upheld the Novartis patent. Competitor HEC Pharma, which wants to market a generic version of the blockbuster product, has been granted a permanent injunction through December 2027. A complaint from HEC Pharma in early 2022 threw the CAFC out.

annulment of the court

But the comeback took place in mid-June. CAFC overturned its own previous decision by ruling against Novartis.

Should generic versions of Gilenya become available in the United States, Novartis expects sales to drop by $0.3 billion in fiscal 2022, as the company announced in September.

According to previous court documents, Novartis could face up to 20 generic competitors for the drug.

The blockbuster Gilenya brought in more than $3 billion in annual sales to Novartis in its best years, and $2.8 billion in 2021. The patent protection of Gilenya’s active ingredient has already expired.

(SDA)

Source :Blick

Share
Published by
Tim

Recent Posts

Terror suspect Chechen ‘hanged himself’ in Russian custody Egyptian President al-Sisi has been sworn in for a third term

On the same day of the terrorist attack on the Krokus City Hall in Moscow,…

1 year ago

Locals demand tourist tax for Tenerife: “Like a cancer consuming the island”

class="sc-cffd1e67-0 iQNQmc">1/4Residents of Tenerife have had enough of noisy and dirty tourists.It's too loud, the…

1 year ago

Agreement reached: this is how much Tuchel will receive for his departure from Bayern

class="sc-cffd1e67-0 iQNQmc">1/7Packing his things in Munich in the summer: Thomas Tuchel.After just over a year,…

1 year ago

Worst earthquake in 25 years in Taiwan +++ Number of deaths increased Is Russia running out of tanks? Now ‘Chinese coffins’ are used

At least seven people have been killed and 57 injured in severe earthquakes in the…

1 year ago

Now the moon should also have its own time (and its own clocks). These 11 photos and videos show just how intense the Taiwan earthquake was

The American space agency NASA would establish a uniform lunar time on behalf of the…

1 year ago

This is how the Swiss experienced the earthquake in Taiwan: “I saw a crack in the wall”

class="sc-cffd1e67-0 iQNQmc">1/8Bode Obwegeser was surprised by the earthquake while he was sleeping. “It was a…

1 year ago