financetom
Market
financetom
/
Market
/
US court rejects Natco Pharma partner’s appeal in patent litigation
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US court rejects Natco Pharma partner’s appeal in patent litigation
Nov 16, 2022 4:21 AM

Share Market Live

NSE

Natco Pharma on Wednesday said that the Appeals Court in the United States has rejected its marketing partner Alvogen’s appeal in patent litigation related to the anti-cancer drug Imbruvica.

Alvogen’s appeal pertained to Ibrutinib Tablets of 140 mg, 280 mg, 420 mg, and 560 mg strength.

Ibrutinib is a generic version of the anti-cancer drug Imbruvica. Chicago-based AbbVie's Pharmacyclics LLC holds the patent rights for the Imbruvica brand.

In August last year, a US district court issued an order in favour of Pharmacyclics in a PIV litigation involving the product. It had upheld four patents related to the cancer drug Imbruvica.

In 2018, Natco and Alvogen filed an Abbreviated New Drug Application (ANDA) for a generic version of the product with the United States Food and Drug Administration (USFDA). Natco supplies the drug and Alvogen markets it in the US.

Natco Pharma and its partner Alvogen had received tentative approval for ANDA for Ibrutinib tablets 560mg, 420mg, 280mg, and 140mg strengths (generic for Imbruvica) from the USFDA.

The company and its co-development and marketing partner Alvogen Pine Brook LLC are assessing their options on the way forward.

The stock is currently trading at Rs 583.90, up 0.34 percent.

(Edited by : Rukmani Krishna)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Investors seek economic clues from bank earnings amid data fog
Investors seek economic clues from bank earnings amid data fog
Oct 10, 2025
NEW YORK (Reuters) -Investors will look to major banks' quarterly earnings reports in the coming week to help gauge the U.S. economy's health as the federal government shutdown has interrupted the flow of new data. Despite an up-and-down week, the S&P 500 remained near record highs. The benchmark stock index has gained more than 14% this year and is set...
US STOCKS-US stock index futures tick up ahead of consumer sentiment data
US STOCKS-US stock index futures tick up ahead of consumer sentiment data
Oct 10, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.08%, S&P 500 0.05%, Nasdaq 0.07% Oct 10 (Reuters) - U.S. stock index futures edged higher on Friday, signaling a rebound after a brief pause as investors refocused on AI-driven momentum that has steered markets this...
US stock index futures tick up ahead of consumer sentiment data
US stock index futures tick up ahead of consumer sentiment data
Oct 10, 2025
(Reuters) -U.S. stock index futures edged higher on Friday, signaling a rebound after a brief pause as investors refocused on AI-driven momentum that has steered markets this year, while awaiting consumer sentiment data for fresh clues on the economy. While the earnings season that begins next week will be a crucial litmus test for U.S. stock markets, traders so far...
Wall St Week Ahead-Investors seek economic clues from bank earnings amid data fog
Wall St Week Ahead-Investors seek economic clues from bank earnings amid data fog
Oct 10, 2025
* JPMorgan ( JPM ), Goldman among bank reports due in coming week * S&P 500 earnings expected to rise nearly 9% in Q3 * Stocks near record highs as bull market turns three By Lewis Krauskopf NEW YORK, Oct 10 (Reuters) - Investors will look to major banks' quarterly earnings reports in the coming week to help gauge the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved