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U.S. drug company challenges Ottawa's ability to control patent drug prices

2015-09-25 22:24:06| Biotech - Topix.net

Canada's ability to control the price of patented drug prices could be at risk after a U.S. company challenged the constitutionality of the federal regulator's ability to order a price cut for a costly treatment for a rare genetic condition. Alexion Pharmaceuticals has filed a lawsuit in Federal Court against Canada's Patented Medicine Prices Review Board that determined that the price of Soliris, which has been dubbed the world's costliest drug, is "excessive."

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Federal court backs patent protecting Eli Lilly cancer drug

2015-08-26 16:29:15| Biotech - Topix.net

Shares of Eli Lilly rose Wednesday in premarket trading a day after the drugmaker said a federal court upheld a patent protecting one of its top-selling drugs, the cancer treatment Alimta. The Indianapolis company said Tuesday after markets closed that the U.S. District Court for the Southern District of Indiana ruled in Lilly's favor regarding the infringement of a vitamin regimen patent for Alimta.

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AstraZeneca's patent on asthma drug invalidated by US court

2015-02-16 06:34:56| Biotech - Topix.net

A U.S. federal judge ruled late on Friday that AstraZeneca PLC's patent on its Pulmicort Repsules treatment for asthma was invalid, opening up the market to a second, cheaper generic version. NEW YORK: A U.S. federal judge ruled late on Friday that AstraZeneca PLC's patent on its Pulmicort Repsules treatment for asthma was invalid, opening up the market to a second, cheaper generic version.

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