Albany Molecular Files Allegra Patent Lawsuits

ALBANY, N.Y. (AP) ¿ Albany Molecular Research Inc. said Tuesday it filed patent infringement lawsuits against drug developers Dr. Reddy's Laboratories Ltd. and Sandoz Inc. over patents dealing with Sanofi-Aventis' antihistamines Allegra and Allegra D.

Albany Molecular earns royalties from sales of Allegra from Sanofi-Aventis, as well as from the authorized generic. It filed the lawsuits in U.S. District Court in New Jersey, citing plans by Dr. Reddy's and Sandoz to market generic versions of the drugs.

In November, Teva Pharmaceutical Industries Ltd. and Barr Pharmaceuticals Inc. settled a patent lawsuit with Sanofi-Aventis' over the allergy drugs Allegra and Nasacort. That deal will allow for sales of certain generic doses of the drugs early. Financial details of that settlement were not disclosed.

Shares of Albany Molecular fell 3 cents to $8.08 in morning trading.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More from Technology

Amazon, Microsoft and Google Face Backlash over ICE, Military Deals

Amazon, Microsoft and Google Face Backlash over ICE, Military Deals

As Intel Loses Its CEO, How Well Can It Compete Against Nvidia?

As Intel Loses Its CEO, How Well Can It Compete Against Nvidia?

3 Great Stock Market Sectors Millennials Should Invest In

3 Great Stock Market Sectors Millennials Should Invest In

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists