Aralez Announces District Court Decision to Uphold VIMOVO (Naproxen/Esomeprazole Magnesium) Patents
ARALEZ PHARMACEUTICALS INC COMMON SHARES (ARLZ)
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Source: PR Newswire
-Patents Covering VIMOVO Infringed by Proposed Generics Developed by Dr. Reddy's Laboratories, Mylan, and Lupin- MISSISSAUGA, Ontario, June 27, 2017 /PRNewswire/ -- Aralez Pharmaceuticals Inc. (NASDAQ: ARLZ) (TSX: ARZ) ("Aralez" or the "Company") today announced that the United States District Court for the District of New Jersey upheld the validity of two patents owned by a subsidiary of Aralez and licensed to Horizon Pharma plc ("Horizon") covering VIMOVO® (naproxen/esomeprazole magnesium), and that Dr. Reddy's Laboratories Inc. and Dr. Reddy's Laboratories Ltd. ("Dr. Reddy's"), Mylan Pharmaceuticals Inc., Mylan Laboratories Ltd., and Mylan Inc. ("Mylan"), and Lupin Ltd. and Lupin Pharmaceuticals Inc. ("Lupin") would infringe at least one of the two patents with their proposed generic naproxen/esomeprazole magnesium products. On April 21, 2011, July 25, 2011, and June 28, 2013, an Aralez subsidiary filed patent infringement lawsuits in District Court against Dr. Reddy's,
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