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Trademark issues in naming drugs - The Hindu BusinessLine

Trademark issues in naming drugs - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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India-based pharma company Glenmark to pay $87 5 million to settle lawsuits over a product in US

India-based pharma company Glenmark to pay $87 5 million to settle lawsuits over a product in US
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Glenmark To Settle U S Lawsuits Over Generic Drug For $87 5 Million

Glenmark Pharmaceuticals on Tuesday it will pay $87.5 million to three plaintiff groups to settle multiple antitrust and consumer protection lawsuits in the U.S. related to a generic drug. There were multiple antitrust and consumer protection lawsuits, including a class action, consolidated in the Eastern District of Virginia against the company and its subsidiary Glenmark Pharmaceuticals Inc. in connection with generic Zetia, a drug for the treatment of cholesterol, the Mumbai-based drug maker said in a regulatory filing.

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