On Air Now

Tune in to Listen

93.9 FM Hibbing, MN

Weather

Current Conditions(Hibbing,MN 55746)

More Weather »
51° Feels Like: 51°
Wind: ESE 15 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Showers 35°

Tomorrow

Rain 37°

Thurs Night

Rain/Snow 32°

Alerts

Denmark's Novo Nordisk sued in U.S. over generic Prandin

COPENHAGEN (Reuters) - Denmark's Novo Nordisk has been sued by a group of healthcare purchasing companies in the United States for allegedly wrongfully keeping generic copies of its Prandin diabetes drug off the market.

A spokesman for Novo said on Tuesday the company aimed to get the case dismissed, but had no further comment.

In 2005 Caraco Pharmaceutical Laboratories, a subsidiary of Indian drug maker Sun Pharmaceutical Industries, applied to get a generic version of Prandin approved by 2009, when Novo's patent on the drug would expire.

In June 2005 Novo filed a patent infringement lawsuit against Caraco, which it lost last summer.

The purchasing companies - American Sales Co, Rochester Drug Co-op and Cardinal - said the case wrongfully delayed generic competition for Prandin and claim compensation for this, Danish daily Jyllands-Posten reported, adding the size of the compensation claim was not disclosed.

Novo has in recent years reaped U.S. sales of $200 million and $250 million per year from Prandin.

(Reporting by Shida Chayesteh and Teis Jensen; Editing by David Holmes)

Comments