Gilead freed of having to pay Merck & Co $200 million in hep C patent dispute
A judge in the USA has freed biotech major Gilead Sciences (Nasdaq: GILD) from having to pay $200 million over allegedly infringing the hepatitis C patents of Merck & Co (NYSE: MRK).
This decision overturns an earlier federal jury verdict, which, based on findings that Merck’s patents were valid, led to Gilead being ordered to pay the sum to the pharma giant.
The March trial heard evidence that Merck was responsible for early discoveries which brought about the development of Sovaldi (sofosbuvir) and Harvoni (ledipasvir/sofosbuvir).
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