[Pharm-policy] IVAX says appeals court clears way for generic Taxol (in US)
James Love
love@cptech.org
Mon, 16 Oct 2000 11:21:07 -0400
http://finance.individual.com/display_news.asp?doc_id=RTJ16a2556reuff&page=news
IVAX says appeals court clears way for generic Taxol
October 16, 2000 9:41am
Source: Reuters
NEW YORK (Reuters) - Drug maker IVAX Corp. said on Monday an appeals
court has cleared the way for the company's generic form of
Bristol-Myers Squibb Co.'s blockbuster cancer drug, Taxol.
Miami, Fla.-based IVAX said the U.S. Court of Appeals for the District
of Columbia circuit denied a motion by American BioScience Inc. to block
U.S. regulatory approval granted to IVAX to market the generic drug.
Bristol-Myers produces Taxol. American BioScience has a patent on the
key chemical in Taxol, paclitaxel.
Privately held American BioScience claimed Ivax violated the patent, but
on Oct. 4, IVAX said a U.S. District Court in Washington rejected a
request for an injunction.
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James Love mailto:love@cptech.org http://www.cptech.org
Consumer Project on Technology, P.O. Box 19367, Washington, DC 20036
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