Southwest Pharmaceutical Wins Saridon Trademark Lawsuit
This article was originally published in PharmAsia News
Executive Summary
Southwest Pharmaceutical has received China's Supreme Court verdict, which affirmsthe State Administration for Industry and Commerce's judgment that the firm's Sanlietong trademark is valid. The Supreme Court believed that certain mistakes were committed during the fact-finding and legal application process, so the verdict in the first and second trials should be repealed. This ruling marks the end of a 10-year Saridon trademark lawsuit (PharmAsia News, June 16, 2008) and will have a positive impact for the company. In recent years, pharmaceutical MNCs have been filing suits against Sanlietong, interfering with the company's marketing activities. Even so, the product's revenue for 2008 grew 30 percent to RMB 48 million, reflecting the drug's popularity and potential. (Click here for more - Chinese Language)