Wyeth, Sandoz Lay Down Swords In Effexor Patent Row

Law360, New York (August 9, 2011, 3:27 PM EDT) -- Pfizer Inc. unit Wyeth LLC settled a lawsuit Tuesday that it filed in North Carolina in 2007 over Sandoz Inc.'s bid for regulatory approval to market a generic version of the antidepressant Effexor.

U.S. District Judge James Dever III signed off on a consent order entering final judgment that said the parties had settled the dispute and that all the claims and counterclaims at issue were dismissed without prejudice.

The order also said that Novartis AG unit Sandoz would hold off on making, selling or importing...
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