Sanofi files lawsuit against Glenmark in US
Posted in Uncategorized on 12/13/2007 09:43 am by CarethicsSanofi-Aventis & Abbott laboratories have jointly filed suit against Indian drug maker Glenmark in US, to prevent the drug maker from launching generic version of best selling drug Tarka. The two companies are seeking a court order to block Glenmark from selling the drug until the patent expires in 2015. In the event, if Glenmark successfully challenges the patent it will be granted 180 days exclusivity period to sell the drug. Tarka is indicated for the treatment of hypertension. On Wednesday, Shares of Glenmark shot up 10.61% to close at Rs574.95 on BSE.