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» 23/07/2009 [Company watch]
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COMPANY NEWS » TOP 50 Pharmas » Pfizer back to previous page show list
Pfizer »20/11/2008 [Company watch]
Stiff legal battle over Viagra continues, Pfizer wins latest round

Pfizer\'s drawn out battle with Guangzhou Welman Pharmaceutical continues, this time with the courts ruling in favor of the multinational drug giant in a counter suit filed by Welman.

 
Pfizer\'s drawn out battle with Guangzhou Welman Pharmaceutical continues, this time with the courts ruling in favor of the multinational drug giant in a counter suit filed by Welman. Guangzhou Intermediate People\'s Court ruled November 19 that Pfizer (NYSE:PFE) is not guilty of unfair competition with Guangzhou Welman Pharmaceutical or scientific espionage, and that Pfizer was found to have no ill intentions or illegal actions towards Welman. The counter suit was filed by Welman in response to legal action first initiated by Pfizer over patent and trademark infringement of the erectile dysfunction drug, Viagra. In 2006, Pfizer sued Guangzhou Welman for trademark infringement for Welman\'s use of the Chinese name \'Weige\', the widely used translation of the English brand name Viagra. In February 2007, Beijing No. 1 Intermediate People\'s Court ruled against Pfizer, stating that Pfizer had not registered the Chinese translations or transliterations of Viagra; meanwhile, Wellman had registered the brand name \'Weige\' with the national Trademark Office as early as 1998 and received approval in 2002.

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