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Generic Drugs

Teva Fined Half A Billion Dollars Over European Copaxone Antitrust Breach

Teva Fined Half A Billion Dollars Over European Copaxone Antitrust Breach

Teva has been fined €463m – just over half a billion US dollars – over a breach of EU antitrust rules, after the European Commission found that it abused its dominant position to delay competition to Copaxone, including by misusing the patent system and disparaging rivals. The firm has strongly disagreed with the decision – which is claims is “legally untested” and “not supported by the facts” – and says it will appeal.

US FDA Floats Communications Upgrade For ANDAs With Missed Goals

US FDA Floats Communications Upgrade For ANDAs With Missed Goals

Sponsors of generic drug applications that miss a goal date, but do not receive an action because of complex scientific or legal questions, would get a notice outlining the lingering issue as part of a new pilot program that might become permanent in the next review cycle.

Teva Fined Half A Billion Dollars Over European Copaxone Antitrust Breach

Teva Fined Half A Billion Dollars Over European Copaxone Antitrust Breach

Teva has been fined €463m – just over half a billion US dollars – over a breach of EU antitrust rules, after the European Commission found that it abused its dominant position to delay competition to Copaxone, including by misusing the patent system and disparaging rivals. The firm has strongly disagreed with the decision – which is claims is “legally untested” and “not supported by the facts” – and says it will appeal.

‘What We’re Really Focused On Is Internationalization’ – Aspire CEO Sets Out Strategy

‘What We’re Really Focused On Is Internationalization’ – Aspire CEO Sets Out Strategy

In the wake of its recent acquisition of dermatology assets from Canute Pharma, UK-based Aspire Pharma is looking to new frontiers of expansion in Europe and beyond. Chief executive Richard Condon talks to Generics Bulletin about the next steps on the niche generics and value added medicines firm’s journey.

Sun Pharma Seeing Efforts To Speed Up Development For Complex Generics

Sun Pharma Seeing Efforts To Speed Up Development For Complex Generics

While the firm’s mind and money continues to gear towards branded and novel drugs, India’s Sun Pharma still maintains a mammoth global generics business, including in the US where Sun saw a healthy leap in sales during its financial second quarter.

PharmaTher’s Ketamine Formulation Receives CRL From FDA

PharmaTher’s Ketamine Formulation Receives CRL From FDA

After sharing multiple updates to the regulatory status of its ketamine formulation, PharmaTher received a complete response letter from the FDA, which required minor information and clarifications from the company.

Latuda, Other Generics Cleared In 2022 Helped Generate Nearly $19bn In Savings, US FDA Says

Latuda, Other Generics Cleared In 2022 Helped Generate Nearly $19bn In Savings, US FDA Says

Generics of the schizophrenia treatment Latuda generated more than $4bn in savings a year after their 2022 approval, according to an FDA study.

Gemme Warns French Budget Measures Will Destroy Generics Market

Gemme Warns French Budget Measures Will Destroy Generics Market

French industry association Gemme has issued a stark warning that recent legislative proposals – including a revision to the country’s clawback mechanism and steeper financial penalties for failing to hold sufficient safety stocks – will “bring about the end of the generic economic model in France.”

Indian Patent Office Dismisses ViiV’s Controversial HIV Drug Claims

Indian Patent Office Dismisses ViiV’s Controversial HIV Drug Claims

Years after the patent application’s initial filing in 2007, the Indian Patent Office has dismissed ViiV’s claims in response to multiple opposition filings launched against the pharma player.

As Deadline Looms, BGMA Sounds Alarm Over Northern Ireland Requirements

As Deadline Looms, BGMA Sounds Alarm Over Northern Ireland Requirements

With a looming deadline of 1 January 2025 for firms supplying Northern Ireland to comply with the Windsor Framework, UK generics and biosimilars association the BGMA has warned of potential supply interruptions due to requirements that include a “UK only” label for all packs as well as UK-based batch testing for biologicals.