Amgen and Teva Reach Settlement on Drug Patent Dispute
The Court's injunction extends until November 2013, after which Teva may sell Neutroval in the US.
The US District Court in Pennsylvania approved a settlement between generics maker Teva Pharmaceuticals and Amgen Inc. last Friday to prohibit Teva from infringing Amgen's patents relating to human G-CSF (granulocyte colony-stimulating factor) and methods for its use.
The settlement terms do not include any financial payments between Teva and Amgen.
Teva admitted that its Neutroval product infringes two Amgen patents, US Patent Nos. 5,580,755 and 5,582,823, and that those patents are valid and enforceable. The Court's injunction extends until November 2013, after which Teva may sell Neutroval in the US.
Teva has also agreed not to sell Neugranin, ano
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