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Mylan launched its Omeprazole products on August 4, 2003, despite thepatent infringement litigation, which at the time was unprecedented in thegeneric pharmaceutical industry.
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"Once again, we are pleased to have prevailed in court, and we believethat this decision ends the patent litigation surrounding this product for ourcompany," said Mylan Vice Chairman and CEO Robert J. Coury. "Our originaldecision to launch this product means that consumers, the government andthird-party payors have benefited significantly for nearly five years becausethey've had access to a lower-cost generic version of Prilosec."
Mylan Inc., with a presence in more than 90 countries, ranks among theleading diversified generic and specialty pharmaceutical companies in theworld. The company maintains one of the industry's broadest -- and highestquality -- product portfolios, supported by a robust product pipeline; owns acontrolling interest in the world's second largest active pharmaceuticalingredient manufacturer; and operates a specialty business focused onrespiratory and allergy therapies.
SOURCE Mylan Inc.
