Lilly agrees to earlier patent expiry in return for royalties
Eli Lilly (NYSE: LLY) has settled a dispute regarding the Cialis (tadalafil) unit dose patent.
The company has agreed with generics drugmakers that the patent, which was previously set to expire in April 2020, will now end at the earliest in September next year.
Senior VP and general counsel Michael Harrington said: "The unit dose patent for Cialis is valid and infringed by companies seeking to market a generic version of Cialis.”
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