Corporate Announcement
Security Code : 532872    Company : SPARC    
 
Update On Taclantis®Download PDF Download XBRL
  Exchange Received Time  20/08/2019 16:53:57         Exchange Disseminated Time   20/08/2019 16:54:05              Time Taken   00:00:08
Pursuant to regulation 30 of the SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015, we inform you that it has come to our knowledge that a complaint has been filed by Abraxis Biosciences LLC in the U.S. District Court for the District of New Jersey, which alleges that SPARC's filing of New Drug Application (NDA) for Taclantis® injection (Paclitaxel Injection Concentrate for Suspension) is an act of infringement of the Orange Book listed patents for Abraxane®.

SPARC believes that this lawsuit is without merit and will vigorously defend against these allegations.
 

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