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Teva asks Supreme court to stay ruling in Copaxone case

Started by riky, April 08, 2014, 09:00:17 AM

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riky

Teva asks Supreme court to stay ruling in Copaxone case

<p><a href="http://news.yahoo.com/teva-asks-u-justices-stay-lower-court-ruling-150737117--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/1XtunMVRcGjO9PNzpFEH7w--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-04-07T162457Z_1_CBREA3619LQ00_RTROPTP_2_TEVA.JPG" width="130" height="86" alt="An employee of Teva Pharmaceutical Industries watches pill bottles on a conveyor belt in Jerusalem oral solid dosage plant" align="left" title="An employee of Teva Pharmaceutical Industries watches pill bottles on a conveyor belt in Jerusalem oral solid dosage plant" border="0" /></a>By Lawrence Hurley WASHINGTON (Reuters) - Teva Pharmaceutical Industries Ltd asked the U.S. Supreme Court on Monday to stop a lower court ruling from going into effect while the justices consider an appeal in a patent fight over Teva's top-selling multiple sclerosis drug Copaxone. On March 31, the high court agreed to hear Teva's appeal of a July 2013 ruling by the U.S. Court of Appeals for the Federal Circuit in favor of two teams developing cheaper generic forms of Copaxone: one involving Novartis AG's Sandoz Inc and Momenta Pharmaceuticals Inc, and the other involving Mylan Inc and Natco Pharma Ltd. The appeals court had upheld some of the nine patents involved in the drug, or portions of them, but declared several invalid, meaning patent protections were set to expire in May 2014 instead of September 2015.</p><br clear="all"/>

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