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Federal Court of Appeal in Canada Upholds Lipitor Enantiomer Patent, Decision Prevents Launch of Generic Product by Ranbaxy until 2010

Thursday, March 20, 2008 - 9:57am EDT

(BUSINESS WIRE)--Pfizer Inc said today that the Federal Court of Appeal of Canada has reversed a lower court ruling that held that Pfizers enantiomer patent could not block generic manufacturer Ranbaxy Laboratories Limited from obtaining approval for a competitor product to Lipitor. The appellate court issued an order prohibiting regulatory approval of Ranbaxys product in Canada until Pfizers enantiomer (calcium salt) patentCanadian Patent No. 2,021,546expires in July 2010.

This decision sends a strong signal about the importance of protecting intellectual property in Canada, which provides the incentive for research-driven pharmaceutical companies to make the significant high-risk investments necessary to develop new life-saving medicines, said Pfizer Senior Vice President and Associate General Counsel Peter Richardson. The courts ruling is not only an important one for Pfizer, but also for patients.

Ranbaxy may seek a review of the decision by the Supreme Court of Canada.

 

Contact:

Pfizer Inc
Media Relations
Vanessa Aristide, 212-733-3784
or
Investor Relations:
Suzanne Harnett, 212-733-8009