Merck & Co., Inc. (MRK) HIV Drug Strategy Seen Shielding Patent
3/21/2014 7:35:36 AM
Merck & Co. (MRK) is set to sell an HIV medication in India by mid-year in partnership with local company Cipla Ltd. (CIPLA), a strategy that may help the U.S. drugmaker protect its patent as the Asian nation seeks cheaper generics. The price of the co-marketed product will be announced in about three months, according to Cipla’s Chief Medical Officer Jaideep Gogtay. The therapy, sold under the brand Isentress, is among more than 20 that an Indian government panel was preparing to assess for compulsory licenses, which allow cheaper local copies without the patent owner’s consent.
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