Indian pharma gaint wins against US beauty firm.
In a fight over intellectual property rights with an Indian pharmaceutical company, an American beauty and cosmetics major has agreed to take off the shelves its products with the name “Candid”.
A US based company, being the seller of ‘Candid’ in the Indian market, was sued by the Indian pharma major Glenmark. According to the plaintiff, they came across the advertisement of the Defendant with the name Candid. Glenmark claimed rights over the said name and said it has been using the it in India and abroad from past 40 years.
Glenmark, filed a suit against Revlon and it’s Indian distributor Modi Mundipharma Beauty products in November. The firm claimed it to be a well-known products and accompanied it with a list of trademarks obtained across the past few decades for variety of products under that name, as well as list of 33 countries where these products were being sold.
Finally the order was passed with amicable terms and conditions between Glenmark, Revlon and Modi Mundipharma. The defendants agreed to not to manufacture, market, sell, distribute, export or import and/or use the trademark ‘Candid’. They have also agreed to not use deceptively similar trademark in relation to any cosmetics, derma preparations , pharmaceutical/medicinal preparations and similar goods. They were allowed to sell their existing goods/stocks until first week of June’2020.
For any further queries call us on 9820680789. Mail us at info@trademark.in. Visit us on www.makhijaandassociates.com
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