Profit

Mylan sues US FDA to block Lipitor launch by Ranbaxy

PUBLISHED ON: March 21, 2011 | Duration: 2 min, 30 sec

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US pharmaceutical company Mylan Inc has sued the US Foods and Drugs Administration, seeking to block Ranbaxy's exclusive rights to sell a generic version of Pfizer's cholesterol pill Lipitor, the world’s best-selling medicine. Lipitor, which clocks $7 billion in US alone is owned by Pfizer and is going offpatent in November 2011.
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