Wednesday, 1 August 2012

Contempt Suit Agaisnt Natco filed by Bristol-Myers Squibb

Natco Pharma is in news again in the patent world. A contempt suit has been filed against Natco by Bristol-Myers Squibb for violating a court order that prevented Natco from selling a generic version of Bristol's patented cancer drug - Dasatinib (patent granted in 2006). Natco was ordered by Delhi Court to stick to its undertaking that it will not manufacture or sell a generic version of Dasatinib. Economic times reports that Natco has not only denied the allegations but also filed a contempt suit against Bristol-Myers Squibb for "misinterpreting facts to court".


The generic version sold by Natco costs Rs 9,000 whereas Dasatinib costs Rs 1.5 lakh per month, reports Times of India. The pharma world will keep a close eye on Wednesday on the court proceedings to see how the whole thing unfolds. It will be interesting to see how the court handles this situation - whether the whole matter is seen as an issue of compulsory license or as an issue of contempt of court's order.

4 comments:

  1. Very nice post here thanks for it .I always like and such a super contents of these post.Excellent and very cool idea and great content of different kinds of the valuable information's.

    PPC Services in Chennai

    ReplyDelete
  2. I read this content and this was really awesome.You provided a very great article.I hope this information may change my business carrier.I can remember these things whenever taking the decision. The blog is very informative. Thank you for sharing the blog with us. keep on updating.
    Car Wash Services in Mumbai

    ReplyDelete
  3. Superb. I really enjoyed very much with this article here. Really it is an amazing article I had ever read. I hope it will help a lot for all. Thank you so much for this amazing posts and please keep update like this excellent article.thank you for sharing such a great blog with us. expecting for your.
    Digital Marketing Company in India
    seo Company in India

    ReplyDelete
  4. This blog is having the general information. Got a creative work and this is very different one.We have to develop our creativity mind.This blog helps for this. Thank you for this blog. This is very interesting and useful.

    Digital Marketing Course in Chennai

    ReplyDelete