Novartis to take U.S. drug patent case to Supreme Court
Send a link to a friend
[September 22, 2022]
ZURICH (Reuters) - Novartis AG plans
to ask the U.S. Supreme court to uphold the validity of a patent it
holds on the dosing regimen for multiple sclerosis drug Gilenya after
suffering a setback in a federal appeals court ruling, the Swiss
drugmaker said on Wednesday.
The ruling meant HEC Pharma and other drugmakers would potentially be
able to launch a generic version of 0.5mg Gilenya imminently, pending
any other judicial actions, it said.
[to top of second column]
|
A sign marks the Novartis Institutes for
BioMedical Research facility in Cambridge, Massachusetts, U.S., June
16, 2021. REUTERS/Brian Snyder/File Photo
"Should generics launch in the US, we expect FY 2022 sales to be
negatively impacted by USD 0.3bn. With regard to 2022 Full Year Guidance
for Group sales and core operating income growth, we continue to expect
both in the mid-single digit range, in constant currencies," it added.
(Reporting by Michael Shields;
Editing by Paul Carrel)
[© 2022 Thomson Reuters. All rights
reserved.] This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content. |