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Lupin Limited announces alliance with Natco Pharma

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Alliance to commercialize generic equivalent of FOSRENOL® Tablets

Lupin Ltd. and Natco announced today an alliance to jointly commercialize generic equivalents of Shire plc’s FOSRENOL® (lanthanum carbonate) tablets. Shire had filed a lawsuit against Natco for infringement of two patents for FOSRENOL® in response to an ANDA (Abbreviated New Drug Application) filing by Natco seeking US FDA approval to market and sell generic versions of Shire’s 500 mg, 750 mg, and 1 g of the FOSRENOL® tablets.

Natco and Lupin believe that they are amongst one of the first-to-files which would likely lead to 180 days exclusivity. FOSRENOL® had sales of USD 108 Million as of December – 2008 (IMS).

Commenting on the development, Mr. Nilesh Gupta, Group President and Executive Director to the Board, Lupin Limited said, “The alliance creates synergies that will enable portfolio expansion and contribute to consolidating our presence in the US markets. Lupin’s proven IP management capabilities, marketing reach and expertise coupled with Natco’s solid development and manufacturing abilities make for a great combination.”

Mr. Rajeev Nannapaneni, Chief Operating Officer, Natco Pharma
said, “Our alliance brings together a strong philosophy of working together to maximize opportunities in an increasingly competitive generic business. We are very happy to be associated with Lupin given their intellectual property management competencies and market strengths in the U.S.”

Written by sreelakshmi

10 April, 2009 at 6:37 am