Law Firm News
Today's Legal News Bookmark Page
Pfizer Protects Celebrex Patent From Teva
Headline News | 2008/03/08 19:12

Pfizer continued to serve up the pain to Teva Pharmaceutical Industries on Friday when the company reaffirmed its patents on the arthritis pain drug Celebrex.

The U.S. Court of Appeals of the Federal District said that two of the three patents were valid, but threw out the third, saying that it was not valid for the treatment of inflammation. Teva will now have to wait until May 2014 to market the copycat. Celebrex provided Pfizer with annual global sales of $1.7 billion in 2007. Bear Stearns analyst project that it will reach global sales of $2.5 billion in 2008, an increase of 9%, and that the drug will pull in $3.1 billion by 2012.

The New York-based pharma company has been battling it out with Teva Pharmaceutical Industries to hang on to Celebrex for almost four years. Pfizer sued the Israel-based drug maker after it applied to U.S. regulators for permission to sell the generic in 2004. In March 2007, Pfizer won a ruling from a U.S. federal court over three of the main patents regarding Celebrex, barring Teva from manufacturing the generic until 2015.



[PREV] [1] ..[2426][2427][2428][2429][2430][2431][2432][2433][2434].. [2488] [NEXT]
All
Legal News
Law Firm Business
Headline News
Court Center
Legal Watch
Legal Interview
Top Legal News
Attorneys News
Press Releases
Opinions
Lawyer Blogs
Firm Websites
Politics & Law
Firm News
Amazon workers strike at mul..
TikTok asks Supreme Court to..
Americans’ trust in nation..
South Korean leaders seek ca..
Chinese leaders pledge ‘mod..
Court seems reluctant to blo..
More than 3,000 fake Gibson ..
Romanian court orders a reco..
Court backs Texas over razor..
New Hampshire courts hear 2 ..
ICC issues arrest warrants f..
Court overturns actor Jussie..
Tight US House races in Cali..
North Carolina Attorney Gene..
High court won’t review Kar..
Giuliani says he's a victim ..
A man who threatened to kill..
VA asks US Supreme Court to ..
   Law Firm News



San Francisco Trademark Lawyer
San Francisco Copyright Lawyer
www.onulawfirm.com
Family Law in East Greenwich, RI
Divorce Lawyer - Erica S. Janton
www.jantonfamilylaw.com/about
Rockville Family Law Attorney
Maryland Family Law Attorneys
familylawyersmd.com
 
 
© Legal World News Center. All rights reserved.

The content contained on the web site has been prepared by Legal World News Center as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. Legal Blog postings and hosted comments are available for general educational purposes only and should not be used to assess a specific legal situation. Business Lawyers Web Design.