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May 27, 2015 10:58 AM ET

Pharmaceuticals

Company Overview of Watson Laboratories, Inc.

Company Overview

Watson Laboratories, Inc. manufactures pharmaceutical drugs. The company was incorporated in 1992 and is based in Corona, California. Watson Laboratories, Inc. operates as a subsidiary of Actavis plc.

132 Business Center Drive

Corona, CA 92880-1724

United States

Founded in 1992

Phone:

951-279-7158

Key Executives for Watson Laboratories, Inc.

Watson Laboratories, Inc. does not have any Key Executives recorded.

Watson Laboratories, Inc. Key Developments

Cipher Pharmaceuticals Announces Outcome of Markman Hearing in Patent Infringement Suit for Absorica®

Cipher Pharmaceuticals Inc. announced that the Court has issued an opinion in the claim construction hearing (commonly referred to as a "Markman hearing") for the patent infringement suit by Ranbaxy Inc., Ranbaxy Pharmaceuticals Inc., Galephar Pharmaceutical Research Inc., and Cipher against Watson Laboratories, Inc. ("Watson", now Actavis plc) related to Watson's Abbreviated New Drug Application (ANDA) for a generic version of Absorica® (isotretinoin capsules). The purpose of a Markman hearing is to determine the precise meaning of words from patent claims that are in dispute in a patent infringement lawsuit.  No ultimate determination of infringement or validity of the patents has been determined at this point.

Federal Trade Commission Approves Final Order Preserving Future Competition in Generic Injectable Tuberculosis Drug Market

Federal Trade Commission has approved a final order settling charges that Akorn, Inc.'s acquisition of VersaPharm Inc. and its parent company, VPI Holdings Corp., would have likely been anticompetitive. Under the order, first announced in August 2014, Akorn is required to divest its Abbreviated New Drug Application for generic injectable rifampin - which is currently pending before the Food and Drug Administration - to Watson Laboratories, Inc. According to the FTC's complaint, only VersaPharm and two other firms currently have FDA approval to sell generic injectable rifampin. There are no viable substitutes for rifampin as a course of treatment for tuberculosis. The FTC alleged that if Akorn had consummated its acquisition of VersaPharm as originally proposed, the combined company would have been likely to delay or cancel the introduction of Akorn's generic injectable rifampin.

Depomed, Inc. Files a Patent Infringement Lawsuit against Banner Pharmacaps Inc. and Watson Laboratories, Inc

Depomed, Inc. announced it has filed a patent infringement lawsuit in the United States District Court for the District of New Jersey against Banner Pharmacaps Inc. and Watson Laboratories, Inc. Banner Pharmacaps has filed an Abbreviated New Drug Application (ANDA) with the FDA to market generic Zipsor(R) (diclofenac potassium) 25mg capsules and has granted to Watson Laboratories exclusive rights to the proposed generic product. The lawsuit claims infringement of Depomed's five US patents listed for Zipsor in the FDA's Orange Book, the last of which expires in 2029, by the defendants' proposed generic product. Depomed has received a Paragraph IV certification notice from Banner Pharmacaps alleging that Depomed's patents will not be infringed by the proposed generic product, or the patents are invalid or unenforceable. Depomed commenced the lawsuit within the 45 days required to automatically stay, or bar, the FDA from approving the Zipsor ANDA for 30 months from the date of receipt by Depomed of the notice (December 2015) or until a district court decision that is adverse to the patents, whichever may occur earlier.

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