LONDON, Aug 2 (APM) - Novo Nordisk said on Wednesday it was suing Pfizer in a bid to
stop the U.S. group marketing its inhaled insulin, Exubera.
In a statement, the Danish group said: "On 1 August Novo Nordisk filed a lawsuit against
Pfizer claiming that Pfizer's product Exubera infringes Novo Nordisk's patents covering
inhaled insulin treatment for diabetes.
"The lawsuit, filed in United States Federal Court in the Southern District of New York,
alleges that Pfizer wilfully and deliberately infringed the patents."
POSSIBLE INJUNCTION ON EXUBERA SALES IN TWO WEEKS
General Council for Novo, Ole Ramsby, told APM the lawsuit included a motion for a
preliminary injunction to stop Pfizer marketing Exubera in the U.S.
"We expect a decision (from the court) in a couple of weeks. We do expect to win the
injunction. We think we can demonstrate a clear infringement by Pfizer," the lawyer said.
Ramsby said Novo holds five patents related to inhaled insulin which give intellectual
protection to 2013. The patents come from Novo's long-term partnership with California
biotech, Aradigm, and Pfizer has broken all five, he added.
The Danish company's rival inhaled insulin is still in Phase III trials and Ramsby could not
say when it will be launched. However, he said the result of being second to market in the
U.S. after Pfizer were grave.
"Every customer on Exubera is a customer lost to us ... we will suffer irreparable harm if the
injunction is not granted."
Asked why Novo had taken so long to take legal action, Ramsby said that for legal reasons
the company had to wait until Pfizer began telling physicians about its new product.
Nobody from Pfizer was immediately available to comment.
Exubera, which Pfizer acquired from Sanofi-Aventis, was recently launched in Germany, its
first major EU market, and is set to be rolled out in the United States in September.
The world's first inhaled insulin is one of the key products that Pfizer is relying on for
continued growth followin
You're a good man Vetmanallan. You see things the way they are. Drstone and his many aliases is only here to vibrate his jaws. I wish he would leave welfare alone and look for a job, that is if he can qualify for one. Obama is sick and tired of tending to people that don't want to work for a living. Flipping burgers would suit Drstone to a tee. But then again, having lived on government assistance for so long now becomes difficult to start mingling with people that are interested in working so as to put bread on the table.
Yes, I have. It was also happening when Bush was President. Where were you?
He told more lies than LBJ? Did you ever hear of the Tonkin Gulf Incident? How about "W" and the 2-3 trillion dollar disaster in Iraq that we will be paying off during the next 60 years. Nixon's administration of burglaries, blackmail and hush money? Take a course in American history you stupid fool.
That proves we need welfare reform to remove the fraud.
Have you ever watched Obamas people using Food cards and the load them into a brand new SUV in the parking lot?
Welfare & food assistance is needed by many for temp help........but Obamas people made it a career.
Citing results that were not compelling enough to proceed, Bind Therapeutics and Amgen notify each other that they will not be exercising their options to develop an Accurin incorporating the Amgen therapeutic payload. The collaboration began in January 2013 with the goal of developing a nanomedicine for treating solid cancer tumors based on Bind's platform for targeted and programmable nanomedicines and Amgen's undisclosed proprietary cancer compound. Bind CEO Scott Minick says that his company will proceed undeterred with its collaborations with AstraZeneca , Roche and Pfizer
Seeking Alpha article : "Pfizer Has It All Wrong, Should Look Into New Viable Acquisitions"
Sentiment: Strong Buy
I would guess there is a huge majority that have not seen Obama's birth certificate. Why would they? It isn't that he wasn't born here, he was but how would the average person ever be able to see it? Further what would it matter if he was born on the Moon. His Mother was a citizen from Kansas and that is all it takes to be a natural born citizen. How did you happen to see it?
You are correct. I ran into one yesterday that claimed I didn't like Obama because he is black. The problem is I have never said anything, positive or negative about Obama. NEVER! Most, if not all of the so called political posts here are from people that know nothing about politics or government policy. Why here? This is a stock message board, not a play ground for the uninformed.
This is a message board for PFE.Take your insane rantings elsewhere
That is an untrue statement Sir. Al still holds all of his stock.
Sentiment: Strong Buy
That isn't true.... Actually one of their ex VPs was banking on a MNKD approval
Sentiment: Strong Buy
That's my whole point, these message boards are for company interest and reviews etc., not people selling Penny Stock papers and Obama pros/haters. They need to start their onw message boards and leave these for us, the stockholders, or ones that may want to do reasearch on the companies.
I like your "name", big baseball fan, but not the word twerps. My whole point is that these message boards are for companies, which I like to read about, why can't pro/neg Obama people go else where and the Penny Weekly paper too. THIS is why I started this topic, please go to my first email PLEASE and forget the "name calling". thanks
The only posts I see by "pro-Obama" people are in response to to rants and raves by the Obama-haters, i.e., stop the Obama-haters from posting off-topic on stock message boards and I doubt you'll see one pro-Obama post.