Business Daily from THE HINDU group of publications Saturday, Jan 27, 2007 ePaper |
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Corporate
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Courts/Legal Issues
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Mr Jay Deshmukh, Senior Vice-President (Global Intellectual Property), Ranbaxy, said: "We are pleased with this decision as it stands, as it allows the entry of Ranbaxy's generic atorvastatin in Canada upon marketing approval." Pfizer, whose branded version Lipitor accounts for almost half of its profits, has said in a statement that it would challenge the ruling. Ranbaxy and Pfizer are in legal dispute over patents on atorvastatin in several courts around the world.
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