Why SK and GC's deal for Xarelto exclusivity right misfired
By Kim, Jin-Gu | translator Alice Kang
21.05.04 17:19:51
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Deal withdrawn after tentative agreement... unable to apply exclusivity rights due to difference in 'composition'
SK Chemicals's discussions with GC Pharma on handing over the exclusivity rights of Xarelto (rivaroxaban) had broken down in the end.
The reason is known to be that the scope of the patent avoided by SK Chemicals does not match the composition of the generic developed by GC Pharma.
According to industry sources on the 5th, the sale of the exclusivity rights of Xarelto between SK Chemicals and GC Pharma ended in misfire.
The two companies had been discussing selling the exclusivity rights of Xarelto. GC Pharma's intent to enter the generics market 9 months earlier than other companies seemed to be in line with SK Chemicals's intent to sell its exclusivity rights.
Kim, Jin-Gu(kjg@dailypharm.com)
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