Somaxon Discloses Patent-Infringement Suit Against Mylan
June 28 2011 - 6:26PM
Dow Jones News
DOW JONES NEWSWIRES
Somaxon Pharmaceuticals Inc. (SOMX) said it is suing Mylan
Pharmaceuticals Inc. (MYL) for trying to market a generic version
of its Silenor sleep medication.
The suit filed in the U.S. District Court for the District of
Delaware claims Mylan's abbreviated new drug application infringes
on Somaxon's patent, according to the company's filing with the
Securities and Exchange Commission. In May, Somaxon filed a similar
lawsuit against Par Pharmaceutical Inc. (PRX) over that firm's
efforts to market its own generic version of Silenor.
Somaxon earlier last month said its first-quarter loss widened
sharply on higher costs, though it reported product sales, of which
it had none a year earlier.
Somaxon shares fell 6% to $2.05 after-hours Tuesday, after
gaining about as much during the session. Mylan shares were
unchanged at $23.75 after-hours.
-By Drew FitzGerald, Dow Jones Newswires; 212-416-2909;
Andrew.FitzGerald@dowjones.com
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