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Biotech / Medical : Sepracor-Looks very promising

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To: Bob Swift who wrote (3525)7/31/1999 10:53:00 AM
From: BDR  Read Replies (1) of 10280
 
newspage.com

WASHINGTON, July 28/PRNewswire/ via NewsEdge Corporation
-- The Campaign for Fair Pharmaceutical Competition today launched campaigns in three states to stop passage of S. 1172, a bill in the U.S. Senate to extend the patent on the blockbuster allergy drug Claritin and seven other popular drugs.

The campaigns will be directed against aggressive efforts by Senators Robert Torricelli (D-NJ), Jeff Sessions (R-AL), and Chuck Hagel (R-NE) to help Schering-Plough extend the patent on Claritin, which generates over $2 billion annually for the company. Under current law, the patent will expire in 2002, forcing the company to face competition.
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So, if SGP is supposed to file a NDA for desloratadine by year end, should we care whether this bill to passes or fails?
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