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Glenmark
Pharmaceuticals Ltd has informed the BSE in a regulatory
filing that Schering Corporation and MSP Singapore Company
LLC have filed a suit agains the company in the US District
Court for the District of New Jersey, seeking to prevent
Glenmark from proceeding with the the commercialisation
of its ezetimibe, which is currently marketed by Schering
as Zetia.
Glenmark
Pharmaceuticals says it had filed an ''abbreviated new
drug application'' (ANDA) with the US FDA on 25 October,
2006, the first date on which an ANDA for Ezetimibe could
be filed, seeking regulatory approval to market a generic
version of ezetimibe.
The
company says that its ANDA also included a ''paragraph
IV certification'' with respect to patents listed by Schering
in the FDA "Orange Book". According to Glenmark,
it is "the first and believes the only, applicant
to have filed an ANDA for ezetimibe with a paragraph IV
certification on October 25, 2006".
In
the event that the Indian company successfully challenges
Schering''s patent, it will be entitled to a 180-day exclusivity
period.
Zetia
(ezetimibe) had sales of approximately $1.5 billion in
the US based on IMS sales data for the year ending January
2007.
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