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-0.000206920701620333 -6.78201630727812E-05 0.000139792581027911 -0.000206228659139975 -0.00353356890459352 -0.013147423041416 -0.0175764949155638 -0.0151543462343892
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UPDATE 1-U.S. appeals court upholds ruling invalidating J&J patent on Remicade [Reuters]

JOHNSON & JOHNSON (JNJ)  More Company Research Source: Reuters
Last johnson & johnson earnings: 4/17 06:40 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
PDF UPDATE 1-U.S. appeals court upholds ruling invalidating J&J patent on Remicade | Reuters Reuters Staff 2 Min Read (Adds details) By Jan Wolfe Jan 23 (Reuters) - A U.S. appeals court on Tuesday upheld a ruling that invalidated a crucial Johnson & Johnson patent on its blockbuster rheumatoid arthritis drug Remicade, limiting J&J’s ability to seek damages from Pfizer Inc over its launch of a lower-cost version of the drug. The U.S. Circuit Court of Appeals for the Federal Circuit affirmed a ruling by a U.S. administrative court that a J&J patent covering the active ingredient in Remicade was invalid because its concepts were covered in a prior J&J patent. Representatives of J&J and Pfizer did not immediately respond to requests for comment on the ruling. Remicade generated U.S. sales of $4.8 billion for J&J in 2016 but faces increased competition from cheaper “biosimilar” copycats, including Pfizer’s version, which is sold in the U.S. under the name Inflectra. Pfizer launched Inflectra i [Read more]

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