MedImmune Settles Dispute with Genentech
Following up on our May 30, 2007 posting, MedImmune has finally settled its lawsuit with Genentech over a patented component of Synagis, MedImmune’s best-selling drug, which is aimed at preventing respiratory infections in infants, according to a report by the Washington Post. The settlement comes just over a year after the Supreme Court decision was issued allowing MedImmune to challenge the validity of the Genentech patent while continuing to pay royalties incurred in a license agreement with Genentech.
No details of the settlement have been released thus far; however, the parties are reported to be filing a stipulation of dismissal in the next few weeks.
Related posts:
- Another Look at MedImmune v. Genentech
- Genentech Claims Rejected on Patent Which Was Subject of Recent Supreme Court Decision
- Genentech Hit with Adverse Patent Ruling
- California Supreme Court Overturns Punitive Damage Award Against Genentech
- Seventh Circuit Rules in favor of WARF in Licensing Dispute with Xenon Pharmaceuticals
Category: Biotech Disputes, Biotech Legal Disputes
