Navigation Links
Mylan Announces Settlement Agreement with Novartis Related to Femara(R) First- to-File Opportunity
Date:12/2/2008

PITTSBURGH, Dec. 2 /PRNewswire-FirstCall/ -- Mylan Inc. (NYSE: MYL) today announced that it and its subsidiary, Mylan Pharmaceuticals Inc., have entered into a settlement agreement with Novartis Pharmaceuticals Corp., Novartis Corp. and Novartis International AG related to Letrozole Tablets, the generic version of Novartis' Femara(R).

Mylan's Vice Chairman and CEO Robert J. Coury commented: "We are very pleased to have reached this agreement, which demonstrates our ability to once again bring to market high quality, affordable medications for the patients who need them the most."

Under the agreement, Mylan is provided a patent license that will enable the company to market Letrozole Tablets, 2.5 mg, prior to the expiration of U.S. Patent No. 4,978,672. Additional terms related to the settlement remain confidential, and the agreement is subject to review by the U.S. Department of Justice and the Federal Trade Commission.

Letrozole Tablets, which are used in the treatment of breast cancer, had U.S. sales of approximately $470 million for the 12 months ending Sept. 30.

Mylan was the first company to file a substantially complete Abbreviated New Drug Application (ANDA) containing a Paragraph IV certification for the product. Currently, Mylan has 113 ANDAs pending U.S. Food and Drug Administration approval, 24 of which are potential first-to-file opportunities.

This press release includes statements that constitute "forward-looking statements," including with regard to the settlement, regulatory approvals and Mylan's future business opportunities. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Because such statements inherently involve risks and uncertainties, actual future results may differ materially from t
'/>"/>

SOURCE Mylan Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. Mylan Receives Final FDA Approval for the Generic Version of the Antidepressant Sarafem(R) Pulvules(R) Capsules
2. Mylan Receives Final Approval for First-to-File Generic Version of Antiepileptic Keppra(R) and Launches Immediately
3. Mylan Declares Quarterly Preferred Stock Dividend
4. Mylans Matrix First-to-File on Generic Version of Vfend(R) Antifungal
5. Mylan to Retain Dey, L.P., Its Specialty Pharmaceutical Subsidiary
6. Mylan to Offer $400 Million in Cash Convertible Notes
7. Mylan Creates New Womens Health Care Franchise; Signs Agreement with Famy Care to Develop and Supply 22 Oral Contraceptive Products
8. Mylan Reports Adjusted Diluted EPS of $0.16 for the Quarter Ended June 30, 2008
9. Mylan Declares Quarterly Preferred Stock Dividend
10. Mylan Schedules Financial Results Conference Call and Live Webcast for the Second Quarter Fiscal 2008
11. Daniel E. Crookshank Joins Mylan as Vice President - Investor Relations
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/11/2014)... 2014 Recently, Fadhits.com, the distinguished wedding dress ... kids prom dresses . To bring more benefits to worldwide ... launched a special offer for these brand new items. Clients ... The company’s sales manager says gladly, “We are happy to ... is to acknowledge all new and old customers and strengthen ...
(Date:7/11/2014)... Hills, CA (PRWEB) July 11, 2014 Bedros ... marketing expert; a title he’s earned by founding the fast-selling ... professionals on marketing their businesses. He works with successful boot ... blog post on the traits of the most successful ... earners share three important qualities. , “I’ve worked with and ...
(Date:7/11/2014)... CO (PRWEB) July 11, 2014 H.E.A.R ... A new organization launches this week to provide comprehensive ... Reaching almost half a million Coloradoans with hearing ... to provide all encompassing information of the local and ... the deaf and hearing impaired. , H.E.A.R. Me Out ...
(Date:7/11/2014)... 11, 2014 (HealthDay News) -- Polio is history in ... like Afghanistan, Nigeria and Pakistan. Giving vaccinated children an ... immunity and help eradicate the highly infectious disease, a ... highly effective, immunity wanes as early as a year ... infected and contribute to the spread of the disease, ...
(Date:7/11/2014)... 11, 2014 Recent research findings regarding Fourth ... atmosphere, and how water affects human bodies. That was the ... during an interview on the Sharon Kleyne Hour Power of ... , Gerald Pollack, PhD, is a Professor of Bioengineering at ... Phase of Water (Ebner & Sons, 2013). , ...
Breaking Medicine News(10 mins):Health News:Promotion for Kids Prom Dresses Now Provided at Fadhits.com 2Health News:Fitness Boot Camp Marketing Expert Bedros Keuilian Shares the Top Three Traits of Successful Boot Camp Owners 2Health News:Fitness Boot Camp Marketing Expert Bedros Keuilian Shares the Top Three Traits of Successful Boot Camp Owners 3Health News:H.E.A.R Me Out Listens to Needs of Hearing Impaired 2Health News:H.E.A.R Me Out Listens to Needs of Hearing Impaired 3Health News:Researchers Assess New Way to Boost Polio Immunity 2Health News:Recent Fourth Phase Water Discoveries Alter Basic Understanding of Life, Claims Researcher on Sharon Kleyne Hour 2Health News:Recent Fourth Phase Water Discoveries Alter Basic Understanding of Life, Claims Researcher on Sharon Kleyne Hour 3
... (HealthDay News) -- Many people with peanut or tree nut allergies, ... types of nuts just by looking at them, a new study ... were asked to identify each of 19 nuts in a display ... and some were chopped, sliced or diced, similar to how they ...
... News) -- People who have experienced recent changes in ... hospital emergency departments, a new study finds. ... of access to care. People who have difficulty obtaining ... care, said Dr. Adit Ginde, of the University of ...
... By Serena Gordon HealthDay Reporter , FRIDAY, ... many people, those with allergies may not be as thrilled ... those beautiful blooms is plenty of pollen that has hay-fever ... And, in some areas, not only is the season ...
... School of Medicine indicates that CT scans are more effective ... cancers in their most treatable stages. The data, published online ... lung cancers found through annual CT screening are similar to ... growth rates and cell-type distribution. In fact, the report showed ...
... the world will benefit from better training and testing of ... for Advanced Medical Learning and Simulation (CAMLS) in downtown Tampa. ... in the world, CAMLS is expected to draw 30,000 health ... advanced surgical skills, in interdisciplinary teams, and to have their ...
... , FRIDAY, March 30 (HealthDay News) -- There appears ... as obstructive sleep apnea and major depression, a new study ... in the back of the throat blocks the upper airway ... sleep symptoms such as snorting, gasping and snoring. In ...
Cached Medicine News:Health News:Most People Can't Tell a Tree Nut From a Peanut 2Health News:Changes in Insurance Make ER Visits More Likely: Study 2Health News:Warm Weather Triggers Early Allergy Season 2Health News:Warm Weather Triggers Early Allergy Season 3Health News:Lung cancers detected by CT screening grow as fast as those found with traditional methods 2Health News:Lung cancers detected by CT screening grow as fast as those found with traditional methods 3Health News:USF Health's center for training and evaluating health professionals sets standards for quality care 2Health News:USF Health's center for training and evaluating health professionals sets standards for quality care 3Health News:USF Health's center for training and evaluating health professionals sets standards for quality care 4
(Date:7/10/2014)... , July 10, 2014  Valeant Pharmaceuticals International, Inc. ... announced it has completed the sale to Galderma of ... owned or held by Valeant for $1.4 billion in ... S.A, which recently completed its acquisition of Galderma. ... of our products to a company that is firmly ...
(Date:7/10/2014)... Decision Resources Group finds that over half ... and Drug Administration,s (FDA) approval of Vifor Fresenius Medical ... approved by the FDA in November 2013 for the ... on dialysis. Other key findings from the ... : , Bundling: ...
(Date:1/15/2014)... As health officials across the Midwest warn against the ... Michigan will offer free diagnostic testing ... pharmacists to administer tests and, in some cases, fill the ... in the study. The Grand Rapids, ...
Breaking Medicine Technology:Half of Surveyed Nephrologists Report Moderate Familiarity with Velphoro, Which Received FDA Approval Late Last Year for the Treatment of Hyperphosphatemia in Dialysis 2Half of Surveyed Nephrologists Report Moderate Familiarity with Velphoro, Which Received FDA Approval Late Last Year for the Treatment of Hyperphosphatemia in Dialysis 3Meijer Pharmacy Offers Free Flu, Strep Testing as Influenza Cases Rise Across the Midwest 2Meijer Pharmacy Offers Free Flu, Strep Testing as Influenza Cases Rise Across the Midwest 3
... 10 Jefferson Radiology has acquired two Medical ... medical epicenter in north central Connecticut, and in ... expertise available at nine outpatient locations in the ... services at Hartford Hospital, Connecticut Children,s Medical Center, ...
... Ariz., Nov. 10 A recent national survey of 505 ... is important for a patient to seek treatment early to ... And 75 percent of pharmacists say most patients should purchase ... of symptoms, while only 26 percent of their patients take ...
Cached Medicine Technology:Jefferson Radiology Acquires Two Medical Imaging Center Offices 2Pharmacists Report Patients do not Treat Cold and Flu Symptoms Early Enough, New Survey Shows 2Pharmacists Report Patients do not Treat Cold and Flu Symptoms Early Enough, New Survey Shows 3
VascoTip is a unipolar tined permanent pacing lead. Due to advanced technology, VascoTip 9/60 M is compatible to all pacemaker-cavities with the size of IS-1 (3.2 mm), 5 mm, 6 mm....
VascoTip is a unipolar tined permanent pacing lead. Due to advanced technology, VascoTip 9/60 M is compatible to all pacemaker-cavities with the size of IS-1 (3.2 mm), 5 mm, 6 mm....
VascoTip is a unipolar tined permanent pacing lead. Due to advanced technology, VascoTip 9/60 M is compatible to all pacemaker-cavities with the size of IS-1 (3.2 mm), 5 mm, 6 mm....
VascoTip is a unipolar tined permanent pacing lead. Due to advanced technology, VascoTip 9/60 M is compatible to all pacemaker-cavities with the size of IS-1 (3.2 mm), 5 mm, 6 mm....
Medicine Products: