
Gilead sues to stop Actavis' generic bid for Letairis
Actavis plc on Friday said it filed an Abbreviated New Drug Application (ANDA) with the Food and Drug Administration (FDA) seeking approval to market Ambrisentan Tablets, a generic version of Gilead Sciences, Inc.'s Letairis®, a treatment for pulmonary arterial hypertension.
However,
“Actavis believes it may be a ‘first applicant’ to file an ANDA for the generic version of Letairis and, should its ANDA be approved, may be entitled to 180 days of generic market exclusivity,” according to a statement from Actavis, based in Dublin, Ireland. For the 12 months ending December 31, 2014, Letairis had global sales of approximately $595 million, according to Gilead.
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The lawsuit was filed under the provisions of the Hatch-Waxman Act, resulting in a stay of final FDA approval of Actavis' ANDA for up to 30 months from the date the plaintiffs received notice of Actavis' ANDA filing or until final resolution of the matter before the court, whichever occurs sooner, subject to any other exclusivities, according to Actavis.
In February,
Last month, Actavis completed its acquisition of Allergan Inc., now valued at $70.5 billion, closing the biggest deal from 2014 and ending one of the year’s more dramatic takeover battles, according to
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