ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

PFE Pfizer CDR CAD Hedged

13.28
-0.07 (-0.52%)
12 Aug 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Pfizer CDR CAD Hedged NEO:PFE NEO Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.07 -0.52% 13.28 13.21 13.68 13.35 13.24 13.31 51,060 22:30:01

Pfizer Wins Challenge to Norvasc Patent by Mylan

27/02/2007 8:28pm

PR Newswire (US)


Pfizer CDR CAD Hedged (NEO:PFE)
Historical Stock Chart


From Aug 2019 to Aug 2024

Click Here for more Pfizer CDR CAD Hedged Charts.
NEW YORK, Feb. 27 /PRNewswire-FirstCall/ -- Pfizer Inc said today that a federal court in the Western District of Pennsylvania (Pittsburgh) has upheld the company's U.S. patent covering the active ingredient in Norvasc, the world's most-prescribed branded medicine for treating hypertension. The patent had been challenged by the generic manufacturer Mylan. Judge Terrence F. McVerry ruled that the patent (U.S. Patent No. 4,879,303) covering amlodipine besylate is valid, enforceable and would be infringed by Mylan's product. The decision, which is subject to appeal, prohibits Mylan from launching a generic version of amlodipine until September 2007. "The court decision is another important victory for medical innovators who invest in high-risk research to develop life saving medicines, as well as for the patients who benefit from those medicines," said Allen Waxman, Pfizer's general counsel. Today's ruling is the latest in a series of favorable decisions for Pfizer and against generics manufacturers who have sought to invalidate Norvasc's U.S. patent covering amlodipine besylate. In January 2006, a federal court in the Northern District of Illinois ruled against Canadian generic manufacturer Apotex; and in August 2006, a federal court in the Middle District of North Carolina rejected a challenge by Dutch generic manufacturer Synthon. Both of those decisions have been appealed. DATASOURCE: Pfizer Inc CONTACT: Bryant Haskins of Pfizer Inc, +1-212-733-8719 Web site: http://www.pfizer.com/ Company News On-Call: Pfizer's press releases are available through PR Newswire's Company News On-Call service on PRN's Web Site. Visit http://www.prnewswire.com/comp/688250.html Company News On-Call: http://www.prnewswire.com/comp/688250.html

Copyright

1 Year Pfizer CDR CAD Hedged Chart

1 Year Pfizer CDR CAD Hedged Chart

1 Month Pfizer CDR CAD Hedged Chart

1 Month Pfizer CDR CAD Hedged Chart

Your Recent History

Delayed Upgrade Clock