July 11 (Reuters) - Novartis cannot block
drugmaker MSN Pharmaceuticals from launching a generic version
of its blockbuster heart-failure drug Entresto through late
2026, a Delaware federal judge said on Friday.
U.S. District Judge Richard Andrews rejected Novartis' argument
that MSN's generic would infringe one of its patents and denied
its request to block the generic from launching until after the
patent expires in November 2026.
Novartis told the court in a separate filing on Friday that
India-based MSN may receive U.S. Food and Drug Administration
approval for the generic as soon as July 16 and launch it soon
after. The generic would cut into the U.S. market for
Switzerland-based Novartis' best-selling drug, which earned the
company more than $7.8 billion in global revenue last year
according to a company report.
Novartis stock was down more than 2% on Friday morning.
Spokespeople for Novartis and MSN did not immediately respond to
requests for comment on the decision.
Novartis had convinced the U.S. Court of Appeals for the Federal
Circuit in January to halt MSN's launch of its generic until
July in a separate patent case.