Tuesday, September 9, 2008

Salix Commences Patent Infringement Litigation against Novel Laboratories

Sept. 8, 2008 - Salix Pharmaceuticals, Ltd. (NASDAQ:SLXP) today announced that Salix Pharmaceuticals, Inc. has filed a lawsuit in the United States District Court for the District of New Jersey against Novel Laboratories, Inc. for infringement of the patent protecting OSMOPREP(R) (sodium phosphate monobasic monohydrate, USP and sodium phosphate dibasic anhydrous, USP) Tablets. Salix has an exclusive license to the patent protecting OSMOPREP(R) from CDC III, LLC (CDC) for commercialization of OSMOPREP(R) in the United States.

The details can be read here.

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