Sanofi SA has discontinued the sale of its generic version of Lovenox (enoxaparin), a drug authorised for the treatment of deep vein thrombosis, the company said in a letter to its customers.
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Duane Nash, an analyst at Wedbush Securities told the International Business Times, “Lovenox should be more profitable to Sanofi without an authorized generic, provided that Momenta Pharmaceuticals Inc’s M-Enox remains the sole third-party generic.”
Nash added that the announcement was expected after a Massachusetts court injunction prevented sales of Amphastar’s generic enoxaparin.
The injunction was requested by Amphastar and Sandoz, a generic drug manufacturer based in Germany.
Amphastar’s enoxaparin is expected to continue to be profitable if other generics remain off the market.
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By GlobalDataCaption: Sanofi’s generic version of Lovenox has been approved for the treatment of DVT and pulmonary embolisms.
