Forest Lab Settles Bystolic Patent Row With Generic Drugmaker

Law360, New York (October 26, 2012, 4:31 PM EDT) -- Pharmaceutical company Forest Laboratories Inc. said Friday it had agreed to drop patent infringement claims against generic drugmaker Hetero Labs Ltd. over the beta-blocker Bystolic after the two reached a licensing agreement for the drug.

Forest said it will give Hetero a license that allows the company to release a generic version of nebivolol — the active ingredient in Bystolic — when the U.S. Food and Drug Administration approves the Hetero's abbreviated new drug application or three months prior to the expiration of Forest's patent, whichever...
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