Ranbaxy Exits Pfizer's Suit Over Generic Rapamune

Law360, New York (February 6, 2012, 7:32 PM EST) -- Ranbaxy Laboratories Ltd. on Monday exited a patent infringement suit launched by Pfizer Inc. against it and Watson Pharmaceuticals Inc. in Delaware federal court in response to abbreviated new drug applications to introduce a generic version of the organ rejection drug Rapamune.

In a sealed order, U.S. District Judge Richard G. Andrews signed off on a joint stipulation of dismissal without prejudice, allowing the company and its subsidiaries Ranbaxy Pharmaceuticals Inc. and Ranbaxy Inc. to exit the suit with each side bearing its own attorneys' fees...
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