US pharma giant Merck & Co (NYSE: MRK) received a slightly mixed response to its appeal against a court ruling on patent litigation yesterday.
The US Court of Appeals for the Federal Circuit validated the patent for Cubicin (daptomycin for injection) that expires on June 15, 2016, but invalidated four patents with expiration dates in 2019 and 2020. Cubicin came into the Merck portfolio along with its $8.4 billion acquisition of Cubist.
Based on the ruling, generic drugmakers will be permitted to launch copy versions of the antibiotic in June 2016. The drug generated revenues of $325 million for the third quarter of 2015 for Merck.
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