Mylan Loses Court Fight Over Multiple Sclerosis Drug

The Supreme Court has ruled against generic drugmaker Mylan Inc. and other firms in their challenge of Teva Pharmaceutical Industries' patents for a blockbuster multiple sclerosis drug. The justices ruled 7-2 that a federal appeals court wrongly overturned five of Teva's patents for the drug Copaxone, which generates about (Dollar) 4 billion in annual sales for Teva. The majority told a lower court to reconsider a ruling invalidating the patents. The ...

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Written by: editor - Thursday, January 22, 2015

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