The UK's Mundipharma International says it has strengthened its position with respect to European patents on its leading product, OxyContin (oxycodone HCl controlled-release) tablets, following an agreement between Purdue Pharma and its associated companies and Teva Pharmaceuticals that has led to the withdrawal by the latter of its challenge in the European Patent Office and cancellation of the patent infringement case that was pending in the Netherlands District Court of the Hague.
Teva's withdrawal and cancellation of its infringement case involving OxyContin come after it recognized the validity of the OxyContin patents pursuant to an agreement with the Purdue companies executed on August 29, says Mundipharma. Under the terms of that agreement, Teva also admits that the OxyContin patents are infringed by its extended-release oxycodone products. In the USA, Teva will discontinue sales of its generic version subject to certain contingencies contained in its agreement with Purdue that permit Teva to remain on the market at least through March 31, 2007, says the UK firm.
The Teva agreement follows a decision by the US Court of Appeals for the Federal Circuit that vacated a previous trial court finding of unenforceability: "The patents being asserted in favor of OxyContin have been properly examined and rightly granted. We will vigorously defend the rights they convey against anyone who attempts to infringe on those rights" said Ake Wikstrom, regional director, Europe, at Mundipharma International.
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
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze