Us Court Ruling Soothes the Fears of Drug Giants ; Market Report

Summary


THE big drug companies greeted a US court ruling with a huge sigh of relief today. The case was brought by pharmaceuticals giant Eli Lilly, which accused fellow US drugmaker Zenith Goldline of patent infringement on Zyprexa, a treatment for schizophrenia.

Lilly, which said Zenith had breached patent laws, also brought cases against Sanofi and Pfizer.

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Extract


Us Court Ruling Soothes the Fears of Drug Giants ; Market Report

Zyprexa is reckoned to account for 20% of Lilly's revenues, and its loss would have made a serious dent in profits. Other generic drugmakers were watchi...

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