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IVAX CORP. /Miami, Florida With Legal Battle Over, Drug Maker Forges On.(A)
Byline: Marilyn Alva
Ivax Corp. is a drug company, but it could write a book about the law.
The feisty firm has won a long, nasty legal battle with the big guys to sella generic version of Taxol, a cancer-fighting blockbuster marketed by Bristol-Myers Squibb Co.
Even after Ivax won its fight in September, Bristol-Myers filed more lawsuits seeking to block the sales. But in appeals rulings in April, the courts continued to side with Ivax.
Ivax President Neil Flanzraich, who holds a law degree from Harvard Law School, likens the battle to David vs. Goliath.
"A small company like us taking on a giant like that -- everybody wrote us off," he said.
No one's writing off Ivax now. Of its $259.9 million in first-quarter sales,more than $50 million came from its lower-priced Taxol version, which it namedOnxol. That follows the $35 million it generated during its launch in the previous quarter.
- Federal Court Enters Judgment in Favor of IVAX -- Bristol-Myers Taxol Patents...
- Press release article from: Business Wire April 7, 2000 700+ words
...patent litigation between IVAX and Bristol-Myers Squibb has entered judgment in favor of IVAX pursuant to which all of Bristol's patent claims have...appeal of the judgment. IVAX' counterclaims against Bristol-Myers for antitrust...
- Bristol-Myers Squibb Sues Miami-Based Ivax over Generic Version of Drug.
- News wire article from: Miami Herald (Miami, FL) September 13, 2000 700+ words
...a California company, and Ivax. Bristol-Myers asked the court for...chairman and president of Ivax, said that "Bristol-Myers is obviously trying...and harm consumers." The Ivax battle with Bristol-Myers has drawn national...
- Bristol-Myers Squibb Sues Miami-Based Ivax over Generic Version of Drug.(Knight...
- Newspaper article from: Knight Ridder/Tribune Business News Fields, Gregg September 13, 2000 700+ words
...a California company, and Ivax. Bristol-Myers asked the court for...chairman and president of Ivax, said that "Bristol-Myers is obviously trying...and harm consumers." The Ivax battle with Bristol-Myers has drawn national...
- IVAX Obtains Favorable Court Decision Requiring Bristol-Myers To Defend Claims...
- Press release article from: Business Wire March 17, 2000 700+ words
...Proceed; Denies Bristol-Myers' Request...Of Earlier Rulings IVAX Corporation (AMEX...litigation between IVAX and Bristol-Myers Squibb has...litigation. In denying Bristol's motions for summary...Court ruled that IVAX has produced evidence...
- IVAX Obtains Favorable Court Decision in Taxol Litigation With Bristol-Myers;...
- Press release article from: Business Wire March 1, 2000 700+ words
...litigation between IVAX and Bristol-Myers Squibb has...competing against Bristol in the paclitaxel market" commented IVAX President Neil Flanzraich...s ruling, that Bristol-Myers may attempt...related patents against IVAX that are not part...
- IVAX Pleased With Appellate Court Decision On Bristol-Myers' Patent Claims.
- Press release article from: Business Wire April 20, 2001 700+ words
...competition counterclaims against Bristol," commented Neil Flanzraich, vice chairman and president of IVAX Corporation. "We look forward...claims to be valid and that IVAX infringes Bristol's patent; that IVAX may be found liable for patent...
- IVAX Corporation: Federal Court Orders Bristol-Myers to De-List Taxol Patent.
- Press release article from: Business Wire September 7, 2000 700+ words
...chairman and president of IVAX. "Although Bristol may attempt additional procedural...Byrne's ruling; that Bristol-Myers may re-list the patent before approval of IVAX' paclitaxel ANDA; and that Bristol-Myers or others may attempt...
- IVAX Prevails Over Bristol-Myers Squibb And 3M Company In U.K. Patent Suits
- Press release article from: PR Newswire August 25, 1998 700+ words
...Aug. 25 /PRNewswire/ -- IVAX Corporation (Amex: IVX) announced...that, in a case brought against IVAX by Bristol-Myers Squibb Company (BMS...ext. 457725/ (IVX) CO: IVAX Corporation; Bristol-Myers Squibb Company; 3M Company...
- IVAX: Appellate Court Declines to Issue Stay, Bristol-Myers Must De-list Taxol...
- Press release article from: Business Wire September 13, 2000 700+ words
...the obstacles that Bristol-Myers and American...coming to market. IVAX received tentative...marketing approval of IVAX' paclitaxel ANDA; that Bristol-Myers may persuade...final approval of IVAX' paclitaxel ANDA; that Bristol-Myers or others...
- IVAX Prevails Over Bristol-Myers Squibb in U.K. Patent Suit.
- Press release article from: Business Wire May 25, 2000 700+ words
...s ruling in favor of IVAX in which a Bristol-Myers Squibb (BMS...Appeals additionally awarded IVAX an increase in the amount...factors identified in IVAX' filings with the Securities...registered trademark of the Bristol-Myers Squibb Company...