Showing posts with label Gilead. Show all posts
Showing posts with label Gilead. Show all posts

Saturday, July 22, 2023

How a Drug Maker Profited by Slow-Walking a Promising H.I.V. Therapy; The New York Times, July 22, 2023

Rebecca Robbins and How a Drug Maker Profited by Slow-Walking a Promising H.I.V. Therapy

"Gilead, one of the world’s largest drugmakers, appeared to be embracing a well-worn industry tactic: gaming the U.S. patent system to protect lucrative monopolies on best-selling drugs...

Gilead ended up introducing a version of the new treatment in 2015, nearly a decade after it might have become available if the company had not paused development in 2004. Its patents now extend until at least 2031.

The delayed release of the new treatment is now the subject of state and federal lawsuits in which some 26,000 patients who took Gilead’s older H.I.V. drugs claim that the company unnecessarily exposed them to kidney and bone problems."

Friday, February 7, 2020

Chinese scientists ask for patent on US drug to fight virus; Associated Press, February 6, 2020

Joe McDonald and Linda A. Johnson, Associated Press; Chinese scientists ask for patent on US drug to fight virus

"China has the right under World Trade Organization rules to declare an emergency and compel a company to license a patent to protect the public. It would be required to pay a license fee that is deemed fair market value. 

The government might be able to avoid that fee if the patent were granted to the Wuhan institute, part of the elite Chinese Academy of Sciences. 

The institute said it applied for a “use patent” that specifies the Wuhan virus as the drug’s target. Gilead’s patent application, filed before the virus was identified, cites only the overall family of coronaviruses."

Wednesday, February 21, 2018

Merck Falls After $2.54 Billion Gilead Verdict Is Tossed; Bloomberg, February 20, 2018

Susan Decker and Christopher Yasiejko, Bloomberg; Merck Falls After $2.54 Billion Gilead Verdict Is Tossed

"Merck & Co. fell after a federal judge tossed a record $2.54 billion verdict it had won against Gilead Sciences Inc. over a hepatitis treatment.
A federal jury in 2016 had said that Gilead owed Merck 10 percent of the sales of its Sovaldi and Harvoni hepatitis C drugs. District Court Judge Leonard Stark in Wilmington, Delaware, agreed Friday with Gilead’s argument that the Merck patent was invalid...
The verdict was the largest patent-infringement verdict in U.S. history, dwarfing the next biggest, a $1.67 billion verdict won by Johnson & Johnson against Abbott Laboratories that was later thrown out on appeal, according to data compiled by Bloomberg.
The case is Idenix Pharmaceuticals LLC v. Gilead Sciences Inc., 14-846, U.S. District Court, District of Delaware (Wilmington)."