U.S. appeals court declines J&J bid to stop generic Zytiga sales

By Jan Wolfe

A U.S. appeals court on Wednesday declined a request by Johnson & Johnson for a temporary restraining order blocking sales of generic versions of its blockbuster prostate cancer drug Zytiga from hitting the U.S. market.

The U.S. Court of Appeals for the Federal Circuit said it would not block Mylan NV and other companies from selling copycat versions of Zytiga while J&J seeks emergency relief at the U.S. Supreme Court.

J&J is seeking to undo a lower court ruling from October that invalidated a patent relating to Zytiga, opening the door for generic competition.

The Federal Circuit will hear J&J’s appeal of that lower court ruling on Jan. 24. On Tuesday, the Federal Circuit denied a request by J&J that it block sales until the appeal is decided.

Immediately after Tuesday’s ruling J&J said it would seek emergency relief from the Supreme Court, and sought a temporary restraining order blocking generic sales while it pursued that appeal.

Zytiga has been an important and still growing drug for J&J. Its sales jumped 43 percent to $958 million in the third quarter.

The entry of cheaper generic versions of Zytiga could also hurt sales of rival drug Xtandi, sold by Pfizer Inc and Japan’s Astellas Pharma Inc

J&J shares were down 3 percent at $141.97.

  • Related Posts

    • Pharma
    • December 23, 2024
    • 85 views
    Healthcare, pharma sectors raise Rs 14,811 crore via IPOs in 2024

    India’s healthcare and pharmaceutical sectors raised Rs 14,811 crore through initial public offerings (IPOs) in 2024, the largest since 2019, driven by strong domestic demand amid expanding global opportunities. According…

    • Pharma
    • December 23, 2024
    • 115 views
    NPPA sets retail prices for 65 drugs, revises ceiling for 20 formulations

    The National Pharmaceutical Pricing Authority (NPPA) has fixed retail prices for 65 new drug formulations and notified ceiling price fixation of 13 formulations. The regulatory body, under the Department of…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Healthcare, pharma sectors raise Rs 14,811 crore via IPOs in 2024

    Healthcare, pharma sectors raise Rs 14,811 crore via IPOs in 2024

    NPPA sets retail prices for 65 drugs, revises ceiling for 20 formulations

    NPPA sets retail prices for 65 drugs, revises ceiling for 20 formulations

    India-Latin America trade and collaboration prospects discussed at Kerala University conference

    India-Latin America trade and collaboration prospects discussed at Kerala University conference

    Karnataka Govt Files Criminal Cases Against Pharma Firm In Ballari Maternal Deaths Case

    Karnataka Govt Files Criminal Cases Against Pharma Firm In Ballari Maternal Deaths Case

    NPPA Notifies Ceiling Price Of 13 Formulations, Retail Price Of 65 New Drugs

    NPPA Notifies Ceiling Price Of 13 Formulations, Retail Price Of 65 New Drugs

    Over 14,000 PMBJK Centres Set Up To Provide Generic Medicines: Govt

    Over 14,000 PMBJK Centres Set Up To Provide Generic Medicines: Govt