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Transport bandh hit some CAT students
A few students in Hyderabad could not reach the test centres in time to appear for the Common Admission Test (CAT) today, the penultimate day of the computer-based test, due to the bandh call given by the Telangana Rashtra Samithi, a political outfit fighting for a separate statehood for Telanagana.

DIPP to review FDI in cigarette industry on Jul 10
The Department of Industrial Policy and Promotion (DIPP) under the Ministry of Commerce has called a meeting on July 10 to discuss the foreign direct investment (FDI) policy in the cigarette industry.

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Cabinet panel gives reprieve to Gazprom
The Cabinet Committee on Economic Affairs (CCEA) today approved a special dispensation for Gazprom, allowing the operator of an offshore block to carry out additional exploration for 18 months beyond the Phase-III of exploration.
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Sun Pharma settles patent dispute with Astra Zeneca

Sun Pharmaceutical Industries has settled a patent dispute with MedImmune, a unit of drug major Astra Zeneca, to dismiss an ongoing litigation in a US District Court. This was on patent rights of Ethyol (amifostine), a drug used to reduce toxicities associated with chemotherapy and radiation in head and neck cancers. - Daiichi wins court battle against Mylan, Matrix - RPG Life Sciences launches its 5th biotech product, Sirolimus - Sun Pharma uses own plants for US market after after Caraco trouble - Aurobindo gets tentative nod for anti-dementia drug - Aurobindo gets USFDA nod for two new drugs - Lawsuit filed against Sun Pharma"s US arm Under the agreement, MedImmune has granted Sun Pharma a licence to certain patents, permitting Sun Pharma to continue marketing its generic version of Ethyol in the US. Sun Pharma had got US Food and Drug Administration (USFDA) approval for the drug in March 2008 and had launched the product ‘at risk’ in the US market. This followed a marketing application to market a generic version of amifostine for injection, challenging the patent. Ethyol has annual sales of approximately $80 million in the US. Medimmune had filed a suit in the District Court of Maryland against Sun Pharma, following challenge to its patents. Sun Pharma, being the first-to-file an Abbreviated New Drug Application (ANDA) for generic Ethyol with a para IV certified patent challenge, has a 180-day marketing exclusivity in the US market. Sun Pharma’s product is being sold in the US by its marketing partner, Caraco Pharmaceutical Laboratories. Ethyol is covered under three patents and the main two patents will expire in the US by July 31, 2012. The third patent has validity till December 8, 2017.


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