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.
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.
Caption: Sanofi’s generic version of Lovenox has been approved for the treatment of DVT and pulmonary embolisms.
