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Top related persons:
Pomalyst - 1 Bristol Myers - 1 Celgene - 1 Brendan Pierson - 1 Alexia Garamfalvi - 1 Bill Berkrot - 1
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Manhattan New York
Top related orgs:
Bristol Myers Squibb - 1 Louisiana - 1 Pomalyst - 1 Bristol - 1 Celgene - 1 U.S . Patent - 1 Teva Pharmaceutical Industries - 1 Aurobindo Pharma - 1

Search resuls for: "Aurobindo Pharma"


2 mentions found


☆ Bristol Myers accused of illegal tactics to keep Pomalyst monopoly in lawsuit
  + stars: | 2023-09-06 | by ( Brendan Pierson | Thomson Reuters | Brendan Pierson Reports On Product Liability Litigation | ) www.reuters.com   time to read: +2 min
Sept 6 (Reuters) - Bristol Myers Squibb (BMY.N) has been accused in a new lawsuit of using fraudulent patents and other illegal tactics to maintain its monopoly on blockbuster blood cancer drug Pomalyst for years after it should have faced generic competition. A spokesperson for Bristol Myers did not immediately respond to a request for comment. Pomalyst is a top seller for Bristol Myers, bringing in nearly $3.5 billion out of $46.16 billion of its total revenue last year. The drug was developed by Celgene, a company acquired by Bristol Myers in 2019. The generic companies, which are also named as defendants in the lawsuit, did not immediately respond to requests for comment.
Persons: Pomalyst, Bristol Myers, Celgene, Brendan Pierson, Alexia Garamfalvi, Bill Berkrot Organizations: Bristol Myers Squibb, Louisiana, Pomalyst, Bristol, Celgene, U.S . Patent, Teva Pharmaceutical Industries, Aurobindo Pharma, Breckeridge Pharmaceutical, Natco Pharma, Thomson Locations: Manhattan, New York
☆ Indian court sends Pernod Ricard exec, Aurobindo director to agency custody
  + stars: | 2022-11-10 | by ( ) www.reuters.com   time to read: +2 min
The court's decision came hours after P. Sarath Chandra Reddy of Aurobindo Pharma and Pernod Ricard's Benoy Babu were arrested by the Enforcement Directorate (ED), the country's federal financial crime-fighting agency. The ED last month raided several liquor companies, suppliers and distributors in a money-laundering investigation, according to media reports. Babu is a general manager at Pernod Ricard and handles the French company's international brands business in India, according to his LinkedIn profile. Spokespersons for Pernod Ricard and Aurobindo did not immediately respond to Reuters' requests for comment. Shares in Aurobindo, which makes a range of medicines from antibacterials to antidepressants, fell by 11.75% by close of day.
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