Ranbaxy Launches Generic Version of Pfizer's Caduet
Ranbaxy struck a deal with Pfizer that allows it to sell a generic version of Caduet before the patents supporting the drug expire.
Ranbaxy Laboratories Ltd. said Tuesday that it is now selling an authorized generic version of Pfizer's drug Caduet, a treatment for high blood pressure and high cholesterol.
In September Ranbaxy struck a deal with Pfizer that allows it to sell a generic version of Caduet before the patents supporting the drug expire.
Caduet is a combination of the cholesterol drug Lipitor and the blood pressure drug Norvasc, and it is marketed by Pfizer Inc. Ranbaxy said U.S. sales totaled $339 million over the year ended in September.
Ranbaxy is now selling its own generic version of Lipitor which lost U.S. patent protection on Nov. 30.
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