15 jun: IMF OKs Terms for Funds Pledged to Boost Resources
16 jun: Monsanto to Invest $355 Million in Argentina Corn-Seed Plant
15-06-2012 23:53:00

Merck Loses Nasonex Patent Suit; Says Likely to Appeal

Relateret indhold

By Ben Fox Rubin

Drug maker Merck & Co. (MRK) said a U.S. district court ruled against it in a patent-infringement suit involving Apotex Inc.

In 2009, Merck filed the suit in New Jersey in an effort to block Apotex, a Canadian generic drug manufacturer, from selling a generic copy of Merck's blockbuster allergy drug Nasonex before U.S. patent protection expires.

Apotex had challenged the validity of the U.S. patent covering Nasonex. Merck said its patent for Nasonex is due to expire in 2018.

Bruce N. Kuhlik, Merck's general counsel, said his company was pleased the court ruled that its patent on Nasonex is valid, but was disappointed the court said the patent wasn't infringed by Apotex's product.

"Today's decision reflects just one step in the lengthy patent litigation process, and we plan to review all of our options, including a likely appeal of the decision," Mr. Kuhlik said.

Merck, like its rivals, has been cutting costs as part of an effort to soften the hit from increased generic competition. The company's top-selling allergy and asthma medication Singulair loses patent exclusivity in August and the ripple-effect from generic versions of rival Pfizer Inc.'s (PFE) cholesterol fighter Lipitor have contributed to a decline in sales of Merck's anticholesterol drug Vytorin.

In April, Merck said its first-quarter earnings rose 67% as the drug maker's cost controls helped offset slower-than-expected sales growth.

Shares closed Friday at $38.94 and were down 14 cents after hours. The stock is up 3.3% year-to-date.

Write to Ben Fox Rubin at ben.rubin@dowjones.com

(END) Dow Jones Newswires

June 15, 2012 17:53 ET (21:53 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Aktier/tendens: Rockwool og Össur kan få opmærksomhed

24-10-2014 08:41:48
Rockwool og Össur kan meget vel komme i bevægelse fra morgenstunden fredag, efter henholdsvis en fyring og en opjustering af forventningerne.For det underliggen..

NKT-rival opjusterer efter salgsfremgang

23-10-2014 16:35:46
Amerikanske Tennant, der konkurrer med danske NKT inden for produktion af rengøringsmaskiner, fik en omsætningsfremgang på 7,5 pct. til 202,6 mio. dollar i tred..

Eli Lilly Q3: Rammer tæt på analytikerforventningerne

23-10-2014 12:39:41
Den amerikanske medicinalvirksomhed Eli Lilly lå i tredje kvartal indtjeningsmæssigt helt op af forventningerne blandt analytikerne ifølge Bloomberg News.Det ju..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Vestas/Danske: Ser god fremtid selv uden PTC
2
OW/Jyske: Slagene til OW Bunker er midlertidige
3
Europa/aktier: Nøgletal overstrålede blandede regnskaber
4
OW Bunker/Nordea: Hæver anbefaling til "køb"
5
Small Cap Danmark taber stort på DLH, Topsil og Egetæpper

Relaterede aktiekurser

Merck & Co., Inc 56,63 0,0% Aktiekurs uændret
Merck AND CO Inc 43,45 0,0% Aktiekurs uændret

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.
Euroinvestor i andre lande: Euroinvestor.com | Euroinvestor.se | Euroinvestor.no | Euroinvestor.fr | Forexinvestor.com| Wisselkoersen.nl | Valuta.se | Valutaveksel.no | Divisas.es | Valute.it
Copyright Euroinvestor A/S 2014  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
24. oktober 2014 10:31:12
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20141015.1 - EUROWEB7 - 2014-10-24 10:31:12 - 2014-10-24 10:31:12 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x