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Impax sued for patent infringement over generic Welchol
HAYWARD, Calif. A generic drug maker confirmed a patent challenge for its version of a branded cholesterol drug that recently was submitted to the Food and Drug Administration for approval.
Impax said Daiichi Sankyo and Genzyme are seeking to block Impax's generic version of Welchol (colesevelam HCl) for oral suspension, in 3.75 g/packet and 1.875 g/packet strengths. The two drug makers filed suit for patent infringement against Impax in the U.S. District Court for the District of Delaware after being notified that the FDA accepted Impax's ANDA for the drug.
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Dr. Reddy's to buy GSK's penicillin site
HYDERABAD, India A generic drug maker has entered an agreement to purchase another drug maker's U.S. penicillin site.
Dr. Reddy's and GlaxoSmithKline have inked a deal in which GSK will transfer ownership of its penicillin manufacturing site in Bristol, Tenn., and rights for the Augmentin and Amoxil brands in the United States to Dr. Reddy’s, an India-based drug maker.
This transaction is expected to close within the first half of calendar year 2011. Further financial terms and conditions of the agreement were not disclosed.