US Court of Appeals Affirms Validity of Strattera Patent
29 Juillet 2011 - 6:48PM
UK Regulatory
TIDMLEL
Date: July 29, 2011
For Release: Immediately
Refer to: (317) 276-5795 - Mark Taylor
U.S. Court of Appeals Affirms Validity of Lilly's Strattera Patent
AppealsCourt Decision Overturns Prior District Court Ruling
Eli Lilly and Company (NYSE:LLY) today announced that the U.S. Court of Appeals
for the Federal Circuit has overturned a prior ruling by the U.S. District
Court for the District of New Jersey and has upheld the validity of the
company's method-of-use patent on Strattera® (atomoxetine). In the case of Eli
Lilly and Company v. Actavis Elizabeth LLC, et al, the court ruled in favor of
Lilly, upholding the method-of-use patent which provides protection for
Strattera through May of 2017.
"We are pleased with today's ruling from the Court of Appeals regarding
Strattera's method-of-use patent and remain confident that the patent is valid
and enforceable," said Robert A. Armitage, senior vice president and general
counsel for Lilly. "In overturning the prior district court ruling, we believe
that the Court fairly applied long-standing patent law principles."
Lilly, a leading innovation-driven corporation, is developing a growing
portfolio of pharmaceutical products by applying the latest research from its
own worldwide laboratories and from collaborations with eminent scientific
organizations. Headquartered in Indianapolis, Ind., Lilly provides answers -
through medicines and information - for some of the world's most urgent medical
needs. Additional information about Lilly is available at www.lilly.com. C-LLY
This release contains forward-looking statements regarding the U.S. Strattera
patent litigation. These statements are based on management's current
expectations but actual results may differ materially. There can be no
assurance that the company will prevail in any appeal. Other risk factors that
may affect the company's results can be found in the company's latest Forms
10-K and 10-Q filed with the U.S. Securities and Exchange Commission.
# # #
Strattera® (atomoxetine, Lilly)
Eli Lilly and Company
Lilly Corporate Center
Indianapolis, Indiana 46285
U.S.A.
www.lilly.com
- 2 -
END
Lilly(Eli) (LSE:LEL)
Graphique Historique de l'Action
De Jan 2025 à Fév 2025
Lilly(Eli) (LSE:LEL)
Graphique Historique de l'Action
De Fév 2024 à Fév 2025
Real-Time news about Lilly(Eli) (London Stock Exchange): 0 recent articles
Plus d'articles sur Lilly(Eli)