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09/05/06

Shares of Bristol-Myers Squibb Co. rose on Friday, a day after a judge halted sales of a generic form of Plavix because of possible patent infringement. Canadian drugmaker Apotex Inc. began selling a cheap, generic version of the blood thinner three weeks ago, but Manhattan U.S. District Judge Sidney Stein blocked sales because of a patent dispute. The ruling was only a partial win for Bristol-Myers and its French partner Sanofi Adventis. Judge Sidney Stein refused to order a recall of any generics that have already been sold to distributors. Plavix is used by 48 million Americans and is Bristol-Meyers’ best-selling product.

Posted by GEN-ERIC at 02:25:01 am into the following categories: In The News


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