Ireland-headquartered rare diseases specialist Shire (LSE: SHP) says that the US Patent & Trademark Office’s Patent Trial and Appeal Board (PTAB) has issued its decision upholding the validity of US Patent No 6,773,720, related to Shire’s Lialda (mesalamine) product.
The petition seeking to institute inter partes review (IPR) was filed with the US PTAB in April of 2015 by the Coalition for Affordable Drugs (CFAD) II Fund. The PTAB found that the patent was valid in light of the challenges put forward by the petitioner.
Shire says it is pleased with the decision and will continue to vigorously defend its patents to protect the innovation and value Shire products bring to patients.
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