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Native American tribe gets Allergan drug rights

Allergan has found an unusual way to shield one of its blockbuster drugs from generic competition. The drug giant, which is defending its intellectual property on multiple fronts, said it would transfer the rights to Restasis to the Saint Regis Mohawk Tribe, in a move designed to quash challenges filed at the US patent office by rival drug manufacturers.

The medication, a treatment for chronic dry eye, brought in $1.49bn in sales last year.

http://www.independent.ie/business/world/native-american-tribe-gets-allergan-drug-rights-36116741.html

 

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