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Altocor |
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| As part of this
settlement, Andrx will pay Kos $6 million and has agreed to cease using
the Altocor trademark for any of its products to avoid further confusion
between Andrx's cholesterol product, Altocor, and Kos' highly
differentiated cholesterol product, Advicor(R). Though product labeled Altocor may remain in the
distribution channel (physicians' offices, pharmacies, warehouses,
etc. The Company also announced today that, in order to avoid possible
confusion in the marketplace, it is in discussions with the FDA to
market its Altocor product under a new name. |
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