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US Judge Upholds Validity Of Merck's Vytorin Patent

By Peter Loftus Of DOW JONES NEWSWIRES A federal judge has upheld the validity of a U.S. patent covering Merck & Co.'s (MRK) Vytorin cholesterol-lowering drug, which could stave off competing generic copies for several years. In an opinion released Friday, U.S. District Judge Jose Linares in federal court in Newark, N.J., said a patent for Vytorin was valid and enforceable. Merck, based in Whitehouse Station, N.J., said in a recent regulatory filing it expects its U.S. exclusivity for Vytorin and a related drug, Zetia, to expire in April 2017. Mylan Inc. (MYL) had applied for U.S. Food and Drug Administration approval to sell a generic version of Vytorin before its patent protection expired, arguing that the patent was invalid and unenforceable. Schering-Plough, which was acquired by Merck in 2009, filed a patent-infringement lawsuit against Mylan in late 2009, seeking to block Mylan's product. A trial was held in December 2011, leading to Judge Linares's opinion Friday. On a conference call with analysts Friday morning, Merck Chief Executive Kenneth Frazier said he was anticipating a favorable decision. "We believe this is a patent that is valid and enforceable," he said. A Mylan spokeswoman couldn't immediately be reached. Earlier Friday, Merck reported first-quarter Vytorin sales of $444 million and Zetia sales of $614 million. Merck previously reached a settlement of patent litigation for Zetia with generics manufacturer Glenmark Pharmaceuticals. The pact will allow Glenmark to sell generic Zetia in December 2016, subject to final regulatory approval. -By Peter Loftus, Dow Jones Newswires; +1-215-982-5581; peter.loftus@dowjones.com

Stock News for Mylan Inc. (MYL)
DateTimeHeadline
12/07/201608:13:34Current Report Filing (8-k)
12/05/201616:31:00Rosen Law Firm Reminds Mylan N.V. Investors of Important Dec...
12/01/201617:06:35Securities Registration: Business Combination (s-4)
12/01/201617:06:35Securities Registration: Business Combination (s-4)
12/01/201613:34:00The Law Offices of Howard G. Smith Announces the Filing of a...
12/01/201609:37:00Mylan's Commitment to Stemming the Tide of HIV/AIDS as Strong...
11/29/201617:02:28Current Report Filing (8-k)
11/28/201607:30:00Mylan Signs Sub-license Agreement with the Medicines Patent Pool...
11/25/201611:34:00SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors...
11/18/201623:45:00DEADLINE ALERT: Brower Piven Alerts Shareholders Of Approaching...
11/18/201622:07:00MYLAN SHAREHOLDER ALERT by Former Louisiana Attorney General:...
11/14/201606:16:45Current Report Filing (8-k)
11/09/201617:50:00Mylan Posts Loss, Hurt by Lower EpiPen Volumes, Charge Related...
11/09/201617:26:39Quarterly Report (10-q)
11/09/201616:15:44Current Report Filing (8-k)
11/09/201616:05:00Mylan Reports Third Quarter 2016 Results
11/09/201610:30:00INVESTOR ALERT: Law Offices of Howard G. Smith Commences Investigation...
11/08/201607:30:00Mylan and Biocon Announce U.S. FDA Submission for Proposed Biosimilar...
11/04/201622:07:00MYLAN SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL:...
11/03/201618:51:00Glancy Prongay & Murray LLP Commences Investigation on Behalf...

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