Multi-Million Dollar LASCO-Pfizer Judgement set for November 3

The Supreme Court is to hand down its decision in the US multi-million dollar court battle between LASCO and global pharmaceutical giants, Pfizer on November 3.

Pfizer is contesting a USD$311-million claim brought against it by LASCO.

Presiding Judge, Vivienne Harris, this week indicated that she’s to disclose her ruling in November. Earlier this year, Justice Harris reserved her ruling after hearing arguments from Attorneys for both parties.

The compensation case follows a Court ruling that Pfizer unjustly barred LASCO from distributing the highly sought after generic drug, Las-Amlo-Dipine.

The drug is used to treat high blood pressure. LASCO was distributing the generic drug at a cheaper cost than Pfizer

The Supreme Court in Jamaica and the UK-based Judicial Committee of the Privy Council have ruled that the injunction was unjust and that LASCO should be compensated for losses.

However Pfizer is contesting the amount to be paid. This week Pfizer also found itself in another Court battle with a US-based generic manufacturer, Sun Pharmaceutical Industries Limited.

Pfizer filed a lawsuit seeking to block the generic manufacturer from selling a cheaper version of the leukemia drug Bosulif.

In a complaint filed in the U.S. District Court for Delaware, Pfizer claimed that Sun Pharmaceutical’s proposed generic would infringe two of its patents, which are set to expire in 2025 and 2026.

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  • Bossman Claude

    Happy Lasco came out on top of this one, what Pfizer tried to do was low down and dirty. I hope the judge awards every single dollar Lasco says it lost in revenue

  • Patrice Mclean

    Pfizer tried to Bully Lasco out of providing affordable medication to Jamaica and the wider Caribbean. I hope the judges thinks on how much Lasco could have improved the standard of living of many Jamaicans. Why would you try to stop the flow of affordable drugs for something as dangerous as hypertension?

  • Sasha-Gaye

    The truth always wins. If they had’t tried to pass off the patents then they would not be in this position. Lasco is our local brand and I will always choose them. They need to pay back every cent, they should be made to pay legal fees as well