Posted by 10derheart on August 1, 2011, at 17:50:15
In reply to straterra generic or not in Canada, posted by linkadge on August 1, 2011, at 16:41:09
Nah, Lilly appealed that and won. Have patent till 2017, I think. I get news feed on Strattera.
Here's an AP article from Friday:
"INDIANAPOLIS (AP) A federal appeals court overturned a ruling that would have allowed for generic sales of an attention deficit hyperactivity disorder drug produced by Eli Lilly, the company said Friday.
The U.S. Court of Appeals for the Federal Circuit determined that the patent for Strattera is valid, Lilly said The decision blocks generic versions of Strattera from the market until May 2017. Generic drugmaker Actavis was challenging the patent.
The initial ruling was made about one year ago in New Jersey. Lilly said generic competition for Strattera would put a significant dent in its sales, and it said it would cut $1 billion in annual spending to offset that ruling and other upcoming patent decisions and expirations.
The Food and Drug Administration approved the Actavis generic in September, but the product did not go on sale because Lilly was appealing the earlier court ruling.
Strattera, or atomoxetine, was approved in May 2008. Sales fell 5 percent to $576.7 million in 2010, although revenue from the drug rose 1 percent in the first half of 2011.
Shares of Eli Lilly and Co. rose 25 cents to $38.25 in afternoon trading."
Sorry, link. I am so blessed to have great insurance paying for this med for the past 7+ years. I pay about $9.00 a month when I know it's listed at nearly $300.00. Highway robbery, it seems.
MDD (presently in complete remission); ADD-Inattentive type; mild anxiety (not fomally dx'd)
Meds: Strattera 80 mg q day
poster:10derheart
thread:992509
URL: http://www.dr-bob.org/babble/20110728/msgs/992516.html