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Glenmark Conclude Legal Dispute for GlaxoSmithKline Malarone Patent

India-based Glenmark Pharmaceuticals Ltd. announced agreement to conclude legal dispute over GlaxoSmithKline Plc. patent of malaria treatment drug Malarone.
04-12-2010 |  18:22 hs.
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According to the agreement, Glenmark can market their version of the drug, known as Atovaquone+Proguanil, from 3Q 2011, previous royalty payments to the British company. The drug, however, will be launched on 2012.

Malarone had U.S. sales during 2009 of 56 million dollars.

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