Ranbaxy Launches Generic Version of Lipitor in European Markets
The generic version will be launched in Germany, Italy, Netherlands and Sweden, months before the patents protecting the drug expire.
Pharma major Ranbaxy Laboratories has launched a generic version of Pfizer's blockbuster cholesterol drug Lipitor across four European countries.
The generic version will be launched in Germany, Italy, Netherlands and Sweden, months before the patents protecting the drug expire.
Pfizer settled with Ranbaxy in order to allow the firm to launch the generic versions before the expiry, which will see Netherlands and Sweden receive the drug on May 6, Germany on May 7 and Italy on May 8 2012.
The deal builds upon a previous settlement with Pfizer that saw Ranbaxy launch its generic version of Lipitor in the US in November 2011, gaining 180 days of marketing exclusivity.
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