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Pfizer Shares Rise in Germany After Win in Lipitor Patent Case

... The shares of European drugmakers rose after the decision.

Shares of AstraZeneca Plc, which is facing patent challenges to its Nexium ulcer drug and Seroquel for schizophrenia, rose as much as 4.3 percent.

Shares of Paris-based Sanofi-Aventis SA, which is facing patent lawsuits over its two best-selling medicines, rose 3.1 percent.

The case is Pfizer Inc.

v.

Ranbaxy Laboratories Ltd., 03cv209, U.S.

District Court, District of Delaware (Wilmington).

To contact the reporters on this story: Nicole Ostrow in New York at nostrow@bloomberg.net; Phil Milford in Wilmington, Delaware, at pmilford@bloomberg.net.

Last Updated: December 19, 2005 04:05 EST ©2005 Bloomberg L.P.

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