LONDON (Reuters) - AbbVie, one of the two U.S. firms bringing an injunction against Europe's drugs regulator over the issue of trial data secrecy, said on Thursday it had withdrawn its lawsuit.
AbbVie, a pharmaceutical company, had sought an injunction in March last year to block Europe's medicines regulator from releasing "confidential" and "commercially-sensitive" information on its blockbuster rheumatoid arthritis drug.
AbbVie said on Thursday the European Medicines Agency had accepted a new set of redacted documents submitted by the company, along with the company's rationale for removing certain confidential information.
As a result, AbbVie withdrew its lawsuit.
The lawsuit against AbbVie and another U.S. drugma! ker InterMune had turned into a high-profile fight over drug t! rial data.
Researchers and patient groups want access to this raw data to improve third-party scrutiny and stress-test claims about drugs. But many companies fear that this will damage their businesses and undermine the ability to defend patents.
(Reporting by Kate Holton. Editing by Jane Merriman)
- Pharmaceuticals & Drug Trials
- Business
- AbbVie
- pharmaceutical company
- European Medicines Agency
Source : http://news.yahoo.com/abbvie-drops-drug-secrecy-case-against-eu-agency-163107229--finance.html
