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Buzescu Ca Successful for Alvogen IPCO and Alvogen Romania in Challenge to Application for Preliminary Injunction

Buzescu Ca Successful for Alvogen IPCO and Alvogen Romania in Challenge to Application for Preliminary Injunction

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Buzescu Ca has successfully represented Alvogen IPCO S.a.r.l., and Alvogen Romania S.R.L. before the Bucharest Court of Appeals in their challenge to an application by Teva Pharmaceutical Industries Ltd. for a preliminary injunction against the sale of a drug Alvogen distributes.

According to Buzescu Ca, “the scope of the preliminary injunction was to block the sales of Remurel 40 mg/ml, a generic glatiramer acetate drug for the treatment of multiple sclerosis, produced by Synthon BV, and distributed in Romania by Alvogen. Teva previously held an exclusivity position on the market with its innovative glatiramer acetate and 'flagship' drug Copaxone for the treatment of the same disease. According to media reports, global Copaxone sales in the first half of 2018 totaled USD 1.27 billion, which was 36% less than in the corresponding period in 2017, the decrease being mainly the effect of the glatiramer acetate generic entry on the market. The estimated aggregate value of the glatiramer acetate 40 mg/ml market shares in dispute in Romania was around EUR 9 million.”

Buzescu Ca’s team included Senior Partner Peter Buzescu, Partner Adrian Tomescu, Senior Associate Corina Papuzu, and Associate Alex Cretu.

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Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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