AstraZeneca has filed suit for patent infringement against Israeli generic drug maker Teva, which announced plans to formulate a generic version of AstraZeneca's $2 billion schizophrenia drug Seroquel. AstraZeneca's suit prevents the FDA from approving Teva's generic Seroquel until a settlement is reached, a process that could take years.
- read this AP article [1] for more on the suit
Links:
[1] http://biz.yahoo.com/ap/051109/britain_astrazeneca.html?.v=2