
French pharmaceutical giant Sanofi has said it is suing US rival Eli Lilly in an American court for infringing four patents relating to its diabetes treatments. The lawsuit, lodged in the state of Delaware, was triggered by Eli Lilly's notification last month that it plans to ask the US Food and Drug Administration (FDA) for permission to put a new diabetes treatment on the market. "Sanofi announced today (Thursday) that it filed a patent infringement suit against Eli Lilly and Company," the French company said in a statement. Sanofi is seeking to protect its insulin drug Lantus and insulin pen Lantus SloStar, which generate a sixth of the company's sales. Eli Lilly is challenging Sanofi patents listed for Lantus and has stated that it will not launch its own product before the expiry of Sanofi's patent on the drug's active ingredient, which is in force until mid-February 2015, Sanofi said in its statement. Mark Clark, analyst at Deutsche Bank, said the lengthy legal process begun by Sanofi would probably delay Eli Lilly's launch of the drug to market until at least 2016. An Eli Lilly spokesman told AFP it was studying the complaint and had no immediate comment
GMT 17:56 2018 Wednesday ,17 January
Ericsson to write down 1.4 billion euros in fourth quarterGMT 19:16 2018 Saturday ,13 January
China shuts Marriott website over Tibet error, scolds other firmsGMT 17:31 2018 Thursday ,11 January
UK group bids for Europe's biggest aluminium smelterGMT 17:24 2018 Thursday ,11 January
UK supermarket Sainsbury's lifts outlook after bumper ChristmasGMT 17:52 2018 Tuesday ,09 January
H&M removes 'black boy' ad after racism accusationGMT 19:38 2018 Wednesday ,03 January
Petrobras pay $2.95bn to settle US class action on corruptionGMT 13:49 2018 Wednesday ,03 January
China’s Ant Financial drops $1.2 billion MoneyGram deal as US approval failsGMT 17:47 2017 Sunday ,31 December
BA owner to buy bankrupt Austrian airline Niki
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor