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Examples
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The company markets two cancer medicines: Alimta, used to treat a form of lung cancer, and Gemzar, which is approved to treat several types, including lung, pancreatic, ovarian and metastatic breast cancer.
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The appeal arose out of a lawsuit that Eli Lilly filed against Sun Pharma in connection with Sun Pharma's submission of an Abbreviated New Drug Application (ANDA) for a generic version of Gemzar, which is used in the treatment of ovarian, lung, breast and pancreatic cancer.
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Global sales of Gemzar, which is already facing generic competition in many overseas markets, fell 17 percent to $293 million in the second quarter.
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Sales of cancer drug Gemzar dropped 22% due to generic competition.
Eli Lilly Profit Jumps 28% on Better Revenue, Margins Peter Loftus 2011
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Co. patent for anti-cancer drug Gemzar is invalid, a decision that may clear the way for generic competition to the drug late this year.
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Gemzar sales for the first half of 2010 declined 19% to $581 million, because of lower selling prices in the U.S. and the availability of generics in foreign markets.
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Cancer drug Alimta rose 43%, while another cancer drug, Gemzar, declined 17%.
Earnings Watch 2010
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The company said it expects to maintain market exclusivity for Gemzar until Nov. 15.
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Lilly also reported gains its cancer drug Alimta and Humalog insulin, while sales of cancer drug Gemzar declined.
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Lilly said in an April quarterly report that, if it lost the Gemzar appeal, a generic version of the drug could enter the U.S. market as early as November 2010.
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