EPO upholds patent on Copaxone 40mg
A three-member panel of the European Patent Office’s (EPO) Opposition Division upheld patent EP 2,949,335 covering Copaxone (glatiramer acetate) 40mg in Europe.
Copaxone is Israel-based Teva Pharmaceutical Industries’ (NYSE: TEVA) best-selling treatment for multiple sclerosis, and generated 2018 sales of $2.4 billion, but, as a result of continued generic erosion, sales of ~$1.5 billion are expected in 2019.
The Opposition Division will issue its written underlying rationale on the decision within a few months, according to the company, whose shares edged up 1.16% by early afternoon trading on the domestic market.
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