Embittered parties face bitter pill as oral rivals arrive

6 October 2022

In the USA, Eli Lilly (NYSE: LLY) and Teva Pharmaceutical Industries (NYSE: TEVA) will meet in court after a federal judge slapped down an attempt to invalidate three of the latter’s patents.

The legal wrangling relates to the older-generation migraine medicines Emgality (galcanezumab) and Ajovy (fremanezumab).

While facing growing competition from the latest oral treatments, including Pfizer’s (NYSE: PFE) newly-acquired Nurtec ODT (rimegepant), these injectables are significant earners, with Lilly taking in over $550 million from Emgality last year, and Teva over $300 million for Ajovy.

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