Live
- Four of the same family murdered
- Minister Kottu Satyanarayana pledges support for businessmen in Tadepalligudem
- YSR Congress MLA candidate B.S. Maqbool urges voters to support CM Jagan's efforts in education sector
- Secunderabad Cantonment Congress MLA Candidate Sri Ganesh Campaign in Vaddera Basti and Loya Nagar
- "Yarlagadda promises special measures to tackle unemployment in Gannavaram constituency"
- Adari Anand Kumar, YCP MLA Candidate, Urges Supporters to Work for Party's Success
- ‘Aranmanai 4’ release postponed: New date announced
- Senior Leaders Declare Support for TDP Candidate Somireddy in Sarvepalli Constituency
- ‘Tillu Square’ in OTT: blockbuster crime comedy to make digital debut on this date
- TDP MP Candidate Keshineni Sivanath Accuses YSRCP Regime of Targeting Christians' Properties
Dr. Reddy's Laboratories defends its right to launch Buprenorphine and Naloxone Sublingual Film in the U.S. Market
announced today that following the launch of its generic Buprenorphine and Naloxone Sublingual Film in the U.S. Market, the U.S. District Court for the District of New Jersey has received and reviewed an emergency application from the plaintiffs in the current patent litigation for a temporary restraining order and preliminary injunction against Dr. Reddy’s.
Hyderabad, India and Princeton, NJ, USA. June 16, 2018— Dr. Reddy’s Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY) announced today that following the launch of its generic Buprenorphine and Naloxone Sublingual Film in the U.S. Market, the U.S. District Court for the District of New Jersey has received and reviewed an emergency application from the plaintiffs in the current patent litigation for a temporary restraining order and preliminary injunction against Dr. Reddy’s.
Pending a hearing and decision on the injunction application, the court has issued a temporary restraining order against Dr. Reddy’s with respect to further sales and commercialization of Buprenorphine and Naloxone Sublingual Film within the U.S. The court order does not include a prohibition on commercial manufacturing of the product. The plaintiffs will be required to post a bond or other security totaling $18 million (USD) to satisfy any losses or damages incurred by Dr. Reddy’s during the period of the temporary restraining order.
The court has scheduled an expedited hearing of the preliminary injunction for Thursday, June 28, and a ruling is expected soon thereafter. The proceeding only involves one patent, U.S. Patent No. 9,931,305. Dr. Reddy’s remains confident in its legal positions on this patent and believes it will prevail on the issues raised with respect to the application for injunction.
