Replies to post #141046 on Biotech Values

[dav1234]

WCRX -DUBLIN, Ireland, April 30, 2012 (GLOBE NEWSWIRE) -- Warner Chilcott plc (Nasdaq:WCRX) today announced that the U.S. District Court for the District of New Jersey upheld the validity of the U.S. patent covering the Company's DORYX 150 mg product (the "'161 Patent"), but determined that neither Mylan Inc.'s (together with its affiliate Mylan Pharmaceuticals Inc., "Mylan") nor Impax Pharmaceuticals, Inc.'s ("Impax") proposed generic version of the DORYX 150 mg product infringed the '161 Patent. As a result of the Court's ruling, the Company believes that Mylan has entered the market with its FDA approved generic equivalent of the Company's DORYX 150 mg product. The Company is reviewing the Court's decision, and intends to appeal the non-infringement determinations.

Warner Chilcott markets and sells DORYX, a tetracycline-class oral antibiotic, in the United States under a license agreement with Mayne Pharma International Pty. Ltd., which owns the '161 Patent. The DORYX 150 mg product currently represents all but a de minimis amount of the Company's DORYX product net sales.


http://ir.wcrx.com/releasedetail.cfm?ReleaseID=668809