UPDATE 2-Sanofi, Bristol say settle Plavix patent suit

...ba href=/schizophrenia/a/b drug Zyprexa, another multibillion-dollar medicine.

"This is big news especially if they can craft a settlement with Dr Reddy's," said Taylor McGowan, portfolio manager at Farr, Miller & Washington, noting that the world's second biggest selling prescription drug accounts for about 20 percent of Bristol-Myers sales.

"The news is also good for big pharma in general as one of trends in recent years is generic companies setting out to sell drugs potentially years before the patents actually expire on the branded products," McGowan said.

Under terms of the proposed Apotex settlement, Sanofi-Aventis would grant Apotex a royalty-bearing license to sell clopidogrel bisulfate in the United States once the patent expires in 2011.

Clopidogrel is the chemical name for Plavix.

Plavix is by far the biggest product for the drugmakers, with Bristol reporting about $3.8 billion in 2005 U.S.

Plavix sales, and the possibility that it could lose patent protection had been a huge uncertainty hanging over them.

The drug had 2005 worldwide sales approaching $6 billion, according to data released by IMS Health Inc.

(RX.N: Quote, Profile, Research) Continued ...

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Sanofi, Bristol say settle Plavix patent suit

...ba href=/schizophrenia/a/b drug Zyprexa, another multibillion-dollar medicine.

"This is big news especially if they can craft a settlement with Dr Reddy's," said Taylor McGowan, portfolio manager at Farr, Miller & Washington, noting that the world's second biggest selling prescription drug accounts for about 20 percent of Bristol-Myers sales.

"The news is also good for big pharma in general as one of trends in recent years is generic companies setting out to sell drugs potentially years before the patents actually expire on the branded products," McGowan said.

Under terms of the proposed Apotex settlement, Sanofi-Aventis would grant Apotex a royalty-bearing license to sell clopidogrel bisulfate in the United States once the patent expires in 2011.

Clopidogrel is the chemical name for Plavix.

Plavix is by far the biggest product for the drugmakers, with Bristol reporting about $3.8 billion in 2005 U.S.

Plavix sales, and the possibility that it could lose patent protection had been a huge uncertainty hanging over them.

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Mental Disorder Ground For Nullifying Marriage: SC

... Mental Disorder Ground For Nullifying Marriage: SC - News.Indlaw.com Home Renew NEWS BY SUBJECT Tax Laws Corporate Laws Trade Laws Criminal Laws Consumer Protection Supreme Court Intellectual Property Banking Laws Environment Law Media & Entertainment Advocates & Judges STATE NEWS New Delhi Maharashtra Uttar Pradesh Andhra Pradesh Jammu and Kashmir West Bengal Gujarat Punjab MORE INTERNATIONAL NEWS Legal News Immigration law Tax News Technology law Regulatory Issues Company & Finance Policy Banking News International Law Online Legal Issues Trade & Business Law & Development INDLAW UPDATES Judgments Legislations & Rules Notifications & Circulars Practice Direct.& Forms Reports By Industry Wise By Policy Groups INDLAW RESOURCES Newsletters Practice Tech Court Lists Court Calendar Directories Professional Store FAQs on Laws Education Center Budget Exim Policy Credit Policy Search News Advance Search Mental Disorder Ground For Nullifying Marriage: SC March 21, 2006 The Supreme Court ruled today that the young age of the spouses coupled with remote possibility of procreation of children due to mental disorder of one of the spouses furnishes a good ground for nullifying the marriage.

A bench comprising Mrs.

Justice Ruma Pal and Mr.

Justice A.R.

Lakshmanan laid down ...

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