Cadila Healthcare announces settlement of patent litigation for generic Revlimid in US

Tom Smith

&#13 Cadila Health care and its subsidiary Zydus Pharmaceuticals (United states) Inc. have achieved an settlement with Celgene Corporation (Celgene), a wholly owned subsidiary of Bristol Myers Squibb relating to patents for Revlimid (lenalidomide). As section of the settlement, the get-togethers will file consent judgments with the United States District […]

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Cadila Health care and its subsidiary Zydus Pharmaceuticals (United states) Inc. have achieved an settlement with Celgene Corporation (Celgene), a wholly owned subsidiary of Bristol Myers Squibb relating to patents for Revlimid (lenalidomide).

As section of the settlement, the get-togethers will file consent judgments with the United States District Courtroom for the District of New Jersey that enjoin Zydus Cadila from advertising and marketing generic lenalidomide ahead of the expiration of the patents-in-suit, except as supplied for in the settlement.

Cadila Health care reported 40.6% increase in consolidated web gain to Rs 512.50 crore on a 6.2% rise in web income to Rs 3,753.70 crore in Q3 FY21 over Q3 FY20.
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Shares of Cadila Health care was down .02% to Rs 430.95 on BSE. Cadila Health care is a international pharmaceutical firm that discovers, develops, manufactures and markets a wide array of health care therapies.

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(This story has not been edited by Organization Normal team and is auto-generated from a syndicated feed.)

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