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Sanofi sues Lilly over challenge to top diabetes drug Lantus

Started by riky, February 01, 2014, 09:00:13 AM

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Sanofi sues Lilly over challenge to top diabetes drug Lantus

By Bill Berkrot and Natalie Huet NEW YORK/PARIS (Reuters) - French drugmaker Sanofi sued Eli Lilly and Co for alleged patent infringements concerning its top-selling Lantus diabetes treatment, delaying the U.S. company's plans to produce its own version of the drug. Lantus is the world's most prescribed insulin product, with annual worldwide sales of about $7 billion. Sanofi's lawsuit, filed on Thursday, triggers an automatic 30-month stay of approval by the U.S. Food and Drug Administration, keeping Lilly's biosimilar drug off the U.S. market until mid-2016, more than a year later than its previously expected launch date. Sanofi's shares were higher in earlier trading, but ended down 0.8 percent at 72.80 euros.

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