Intellectual Property

News

AstraZeneca, Pozen file patent suit to protect arthritis drug Vimovo

North Carolina pharmaceutical company Pozen (NASDAQ:POZN) and drug partner AstraZeneca (NYSE:AZN) are taking legal action to block a generic competitor to osteoarthritis drug Vimovo. The companies have filed a patent infringement lawsuit in U.S. District Court for the District of New Jersey against India-based generics company Dr. Reddy’s Laboratories (NYSE:RDY). Dr. Reddy’s notified both companies […]

Pharma

Three patents awarded for drug from N.C. pharma Salix

Salix Pharmaceuticals (NASDAQ:SLXP) is still working through issues that kept regulators from approving a drug for irritable bowel syndrome, but the North Carolina company is securing additional patent rights on the compound for other indications. Morrisville, North Carolina-based Salix announced Wednesday that the U.S. Patent and Trade Office has issued three patents relating to rifaximin, […]

Devices & Diagnostics

Patent application changes coming for medical breakthroughs

There are many exciting legislative and regulatory changes on the horizon relating to patents. As you have probably been hearing, President Obama is throwing his support behind these major changes as they promote job creation and economic growth.  Now, the words “exciting” and “legislative/regulatory” are not usually used in the same sentence, but with the […]

Pharma

Dry eye drug from Inspire gets patent extension in Japan

Two dry eye therapy patents owned by Inspire Pharmaceuticals (NASDAQ:ISPH) have received extensions in Japan, which gives the drug Diquas patent protection until February 2023. Raleigh, North Carolina-based Inspire disclosed in a securities filing that the extension gives one Diquas patent an additional five years of exclusivity; another patent received approximately 4.5 years of exclusivity. […]

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Devices & Diagnostics

Setback for Medtronic in medical device patent lawsuit

A federal judge in California dealt blows to both sides in a patent infringement dispute over spinal implant technology between several Medtronic Inc. (NYSE:MDT) subsidiaries and NuVasive Inc. (NSDQ:NUVA). Judge Michael Anello of the U.S. District Court for Southern California “tentatively” denied Medtronic’s move for summary judgment “on the ground that there are no genuine […]

News

NC pharma BioDelivery Sciences gets patent extension in Canada

North Carolina pharmaceutical company BioDelivery Sciences International has extended its patent in Canada by 10 years, giving additional protection for the company’s core drug delivery technology. Raleigh, North Carolina based BDSI’s (NASDAQ:BDSI) drug delivery technology releases medicine to a patient via a small piece of dissolvable film placed on the inside of the cheek. BDSI […]

News

Dispute over DNA patent could upend biotech industry

It hasn't attracted much attention yet, but a case making its way through federal court to a sure-fire date with the U.S. Supreme Court could obliterate the business models of biotech companies across the country. The case, which pits the American Civil Liberties Union against Myriad Genetics & Laboratories, concerns whether Myriad can hold patents over two genes, BRCA1 and BRCA2, which the company uses to diagnose women with ovarian and breast cancer.

MedCity Influencers

‘Bilski’ case will put flimsier biotech patents to the test

(With updates with what other blogs are saying; see below): The Supreme Court issued a unanimous and somewhat surprising decision limiting the scope of business methods patents. The ruling in In Re Bilski upheld a lower court decision that invalidated two inventors’ patent on a method of hedging weather-related risk in energy prices. The high […]