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Daewoong wins Albis patent dispute

Published: 2009-04-07 06:57:00
Updated: 2009-04-07 06:57:00
Daewoong Pharm is expected to achieve more stable revenue in the sale of Albis, a ranitidine product plus bismuth and sucralfate, by winning its patent dispute.

The Korean Intellectual Property Tribunal ruled on March 31 that the controversial process patent of Albis should be patentable in the nullification trial. Albis generated 25 billion won in last year’s sales.

Upon the rule, Albis...

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