Viagra Patent Expires June 20, Rules Brazilian High Court
Brazil's High Court of Justice ruled Wednesday that the Brazilian patent for the drug Viagra is due to expire June 20.
The ruling makes it possible to produce and sell a generic version of the drug Viagra® to treat erectile dysfunction within Brazil after that date.
The ruling was adopted by five votes to one. The court accepted the arguments of the National Institute of Industrial Property to overturn an earlier court decision that would have extended Pfizer's patent for Viagra until June 7, 2011.
Viagra is one of the world's top selling drugs, but Pfizer's worldwide patents are expiring in the coming years, allowing generic manufacturers to produce similar treatments. In Brazil, two Viagra tablets cost an estimated 67 Real (approximately 52 USD).
Suggested Stories
-
Feb 07th 2012
Argentina/Brazil admit ‘good understanding’ in round of trade talks to lift restrictions
-
Feb 07th 2012
EU and Mercosur hope they can reach a trade agreement by the end of 2012
-
Feb 06th 2012
HMS Protector cuts through Antarctic ice and visits remote research bases
-
Feb 06th 2012
Brazil privatizes concessions of the country’s three busiest air terminals
1 comment Feed
Note: Comments do not reflect MercoPress’ opinions. They are the personal view of our users. We wish to keep this as open and unregulated as possible. However, rude or foul language, discriminative comments (based on ethnicity, religion, gender, nationality, sexual orientation or the sort), spamming or any other offensive or inappropriate behaviour will not be tolerated. Please report any inadequate posts to the editor. Comments must be in English. Thank you.
human race has “ production function” problems !?
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!