News Focus
News Focus
icon url

rajaram46

07/26/13 11:33 AM

#10719 RE: DewDiligence #10718

What recourse does Teva now on the process patent?

Finally some good news on the legal front.....

icon url

vinmantoo

07/26/13 11:53 AM

#10722 RE: DewDiligence #10718

{{It means Teva's 2015 process patent is unenforceable and hence MNTA/NVS (and MYL) can launch generic Copaxone in May 2014, pending FDA approval.}}

Wow, MNTA finally had a legal decision go its way. I am in shock. Well, MNTA's lawyers weren't involved so maybe it isn't such a shock after all. :)
icon url

DewDiligence

07/26/13 1:24 PM

#10733 RE: DewDiligence #10718

MNTA’s own PR on today’s Copaxone ruling:

http://finance.yahoo.com/news/momenta-pharmaceuticals-announces-potential-2014-171852956.html

"We are extremely pleased with today's ruling," said Craig Wheeler, President and Chief Executive Officer of Momenta. "Given the decision, we and Sandoz will continue to work with FDA to advance review of the ANDA for generic Copaxone in order for this product to be approved and available to patients as soon as possible."