Caraco settles patent suit over cancer generic

DETROIT A generic drug maker announced Monday that it had settled patent litigation over a generic version of a cancer drug.

Caraco Pharmaceutical Labs said it reached a settlement with MedImmune over a generic version of the drug Ethyol (amifostine). MedImmune had filed the suit in the U.S. District Court for the District of Maryland.

Under the settlement, MedImmune granted Caraco a license to certain patents that permit Caraco to continue marketing its generic version of Ethyol in the United States.