Swedish specialty drugmaker Meda has resolved US patent litigation regarding Canadian generic firm Apotex' proposed versions of its rhinitis nasal spray Astelin (azelastine HCl nasal spray) and Optivar (azelastine HCl) ophthalmic solution for allergic conjunctivitis. These products are protected in the USA by a patent that expires on November 1, 2010, with pediatric exclusivity extending until May 1, 2011.
The settlement agreement resolves infringement actions filed by Meda after Apotex' submission of Abbreviated New Drug Applications to the US Food and Drug Administration for copycat generic versions of Astelin and Optivar in 2006 and 2007, respectively. Under the terms of the settlement, Apotex admits infringement of Meda's patent, and the parties will jointly request that scheduled trials be adjourned and the actions closed. The settlement deal allows Apotex to launch a generic version of Astelin, under license from Meda, on March 1, 2010, with a 32.5% royalty payment until February 1, 2011, as well as a licensed generic version of Optivar on December 1, 2009, without further payments to Meda.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
| Headless Content Management with Blaze