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AstraZeneca sues nine cos over Crestor generic ============================================== Published on Thu, Apr 29, 2010 at 10:26 Updated at Thu, Apr 29, 2010 at 10:35 Source : CNBC-TV18Email Print Google Buzz
AstraZeneca has sued nine companies over Crestor generic, reports CNBC-TV18. It has sued Aurobindo Pharma, Glenmark, and Sun Pharma among Indian companies. The Crestor generic patent expires in 2018 and 2022. In 2009, the company's Crestor sales stood at USD 2.1 billion. Aurobindo Pharma has Para IV first-to-file on the Crestor generic.
The drug is used for the treatment of cardiovascular disease and cholesterol. AstraZenecas website said the drug was initially developed by the Japanese pharmaceutical company Shionogi and in-licensed to the company in April 1998. RELATED NEWS
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At 10:22 am, the AstraZeneca share was quoting at Rs 893.80, up Rs 15.55, or 1.77%.
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