Dr Reddy's wins right to sell in
US
MUMBAI - Leading Indian
pharmaceutical company Dr Reddy's Laboratories announced on Wednesday that it
has won an important court ruling in the
Dr Reddy's now says that it will
be in a position to launch the drug next August after final US regulatory
approvals and the expiry of what it called Pfizer's pediatric exclusivity
rights on the drug. Pediatric exclusivity is a six-month period of sole
marketing rights given to a drug's originator if it establishes safety for use
in children.
A
A company official said that the
firm could now look for an acquisition or alliance in the
Dr Reddy's filed for an
application last December to market the drug under section 505 b(2) of the Federal Food, Drug and Cosmetic Act. And the
victory is likely to open the door for other Indian companies to sell modified
generics in the
Indian firms have traditionally
focused on making cut-price generics for the
(