US Court Finds Seroquel XR Patent Valid

RNS Number : 4330A
AstraZeneca PLC
30 March 2012
 

US DISTRICT COURT FINDS SEROQUEL XR® FORMULATION PATENT VALID AND INFRINGED

 

AstraZeneca today announced that the US District Court for the District of New Jersey has found the formulation patent protecting SEROQUEL XR® (quetiapine fumarate) extended release tablets to be valid. The court also ruled that Anchen Pharmaceuticals, Inc., Osmotica Pharmaceutical Corporation, Torrent Pharmaceuticals Limited, Torrent Pharma Inc., Mylan Pharmaceuticals Inc. and Mylan Inc. have infringed the SEROQUEL XR formulation patent.  The SEROQUEL XR formulation patent expires in 2017.

 

This follows a decision made in the UK on 22 March 2012, which found the formulation patent protecting SEROQUEL XR to be invalid. In the Netherlands, however, on 7 March 2012, the District Court in The Hague found the formulation patent protecting SEROQUEL XR to be valid.

 

AstraZeneca is pleased with the US District Court's decision, which the company believes underlines the strength of its patents. 

 

 

About the Trial

In October 2011, the US District Court for the District of New Jersey conducted a trial of the pending patent infringement actions against four generic filers: Anchen Pharmaceuticals, Inc., Osmotica Pharmaceutical Corporation, Torrent Pharmaceuticals Limited, Torrent Pharma Inc., Mylan Pharmaceuticals Inc. and Mylan Inc.

 

Prior to the October trial, AstraZeneca settled its patent infringement case against Handa. On 29 September 2011, AstraZeneca granted Handa a license to the 5,948,437 patent effective 1 November 2016, or earlier under certain circumstances.

 

Additionally, on 5 October 2011, AstraZeneca settled its patent infringement action against Accord. AstraZeneca granted Accord a license to the 5,948,437 patent effective 1 November 2016, or earlier under certain circumstances. In both instances, the Court dismissed the action against the filers.

 

Today's judgment is limited to the US market only and is not valid in other countries. 

 

About AstraZeneca

AstraZeneca is a global, innovation-driven biopharmaceutical business with a primary focus on the discovery, development and commercialisation of prescription medicines for gastrointestinal, cardiovascular, neuroscience, respiratory and inflammation, oncology and infectious disease. AstraZeneca operates in over 100 countries and its innovative medicines are used by millions of patients worldwide. For more information please visit: www.astrazeneca.com

 

Media Enquiries UK

Esra Erkal-Paler                     +44 207 604 8030

Sarah Lindgreen                     +44 20 7604 8033

 

Investor Enquiries UK



James Ward-Lilley

Karl Hård

+44 207 604 8122

+44 20 7604 8123

mob: +44 7785 432613

mob: +44 7789 654364

Nicklas Westerholm

 

+44 20 7604 8124

mob: +44 7585 404950

Investor Enquiries US



Ed Seage

+1 302 886 4065

mob: +1 302 373 1361

Jorgen Winroth

+1 212 579 0506

mob: +1 917 612 4043

 

 

30 March 2012

 

- ENDS -

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCLIFFEVAIIVIF

Companies

AstraZeneca (AZN)
UK 100

Latest directors dealings