Cancer tech Patent Infringment: Gilead Sciences told to pay 1.2 billion dollars to Bristol-Myers Squibb
USA: A federal judge increased to $1.2 billion the damages that Gilead Sciences Inc must pay to Bristol-Myers Squibb Co in a patent infringement case regarding technology for treating cancer.
The judgment was entered against Gilead's Kite Pharma unit on its "counterclaims of non-infringement and invalidity", according to a ruling by U.S. District Judge Philip Gutierrez.
The new total of $1.2 billion includes $778 million awarded by a federal jury in December plus enhanced damages of $389 million and pre-judgment interest on the jury's verdict in the amount of $32.8 million, the judge said in his ruling.
A jury in Los Angeles had awarded damages in December after finding that Yescarta, a treatment sold by Kite Pharma, infringed on a patent exclusively licensed by Bristol-Myers' Juno Therapeutics division.
The patent at issue in the lawsuit, which Juno licenses from the Memorial Sloan Kettering Cancer Center in New York, relates to CAR T-cell immunotherapy for cancer.
CAR-T therapy involves a process of removing T cells from a patient's immune system, engineering them to better identify and attack cancer cells and infusing them back into the patient.
Gilead maintained that Bristol-Myers is not entitled to any level of damages, adding it plans to appeal against the decision.
"We furthermore strongly believe that the judgment is legally unsupportable and will be reversed," Gilead said in an emailed statement on Thursday.
"We look forward to addressing these issues on appeal," it added.
Read also: Bristol Myers Squibb, bluebird bio announce submission of BLA for Myeloma Drug to USFDA
Medical Dialogues Bureau consists of a team of passionate medical/scientific writers, led by doctors and healthcare researchers. Our team efforts to bring you updated and timely news about the important happenings of the medical and healthcare sector. Our editorial team can be reached at editorial@medicaldialogues.in. Check out more about our bureau/team here
Disclaimer: This site is primarily intended for healthcare professionals. Any content/information on this website does not replace the advice of medical and/or health professionals and should not be construed as medical/diagnostic advice/endorsement or prescription. Use of this site is subject to our terms of use, privacy policy, advertisement policy. © 2020 Minerva Medical Treatment Pvt Ltd