These are [Gleevec] patents #7544799 and #6894051, beta crystal form… expiring in 2019. I think Sun Pharma attacked those patents and they got a tentative approval for generic Gleevec from the FDA.
To be clear: Sun’s tentative FDA approval for generic Gleevec becomes a final FDA approval on the expiration of Gleevec’s CoM patent in 2015, which will allow Sun to launch its generic unless NVS obtains an injunction.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.