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Crestor Patent Settlement Allows Actavis Generic Entry In May 2016

 
• By Brenda Sandburg

The agreement permits Actavis to launch its generic version of AstraZeneca’s Crestor 67 days before the patent on the cholesterol-lowering drug expires in return for paying AstraZeneca 39% of its net sales during this period; Actavis may also launch its alternative zinc salt formulation of Crestor at the same time.

Allergan PLC gained the right to launch its generic version of AstraZeneca PLC’s blockbuster Crestor (rosuvastatin calcium) on May 2, 2016 – 67 days before Crestor’s patent protection expires – in return for paying a fee of 39% of its net sales during this early marketing period.

Actavis (formerly Watson Laboratories Inc

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