Elan Corp. and American Cyanamid Co. have withdrawn theirmotion for a preliminary injunction to prevent Ciba-Geigy Corp.from marketing its transdermal nicotine patch.
Elan and its marketing partner, Cyanamid, have filed patentinfringement suits in New Jersey against Ciba-Geigy and inCalifornia against Alza Corp. and its marketing partner, MarionMerrell Dow Inc.
A Cyanamid spokesman on Thursday said the lifting of arestraining order against sales of the Alza patch last weekprecluded any claim that sales by Ciba-Geigy would causeirreparable damages to Elan and Cyanamid.
Alza shares (AMEX:AZA) gained 88 cents to $45.38. Apreviously announced 2-for-1 split of Alza's common stockbecame effective after the close of trading on Wednesday.
(c) 1997 American Health Consultants. All rights reserved.