![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, July 05, 2006 8:46:43 PM
by: abharploonta
Long-Term Sentiment: Strong Buy 07/05/06 07:57 pm
Msg: 114117 of 114136
I suppose the pumpers and the bashers are going to try and spin any news to suit their own motives, but the confusion abounding on this MB today is astounding.
First, partial summary judgement means only a partial resolution of the case. Nobody wins. Nobody loses. At least not on June 30, 2006. The case is not yet decided. Only parts of it, and only those parts which one side or the other asked the Judge to consider, and only if the Judge found no evidentiary conflict which would require jurors to resolve that particular issue of fact.
Also, for the Plaintiff to win a patent case, Plaintiff must first prove infringement of a patent granted by the U.S. Patent Office. Next, the Plaintiff must also prove that the patent they claim was infringed is, in fact, a valid patent. The issuance of a patent creates a presumption of validity. The Defendant then has the burden of overcoming that presumption.
So, TRCA did get some good news from the Court. But it did not get any sort of decision which will entitle it to damages of any sort from INSM. It is only part of the way there, hence the term "Partial Summary Judment". I agree it is unsettling to see TRCA land even one punch, but the fight is far from over.
Some folks seem to clearly understand these points, and have moved on to discussing INSM's chances of prevailing at trial on invalidity issues. Others seem to be clogging up the MB with useless posts based upon a false assumption or conclusion that infringement is the be all and end all in patent litigation.
Certainly, TRCA's PR preyed upon a layperson's misconception and lack of understanding of the legal terminology. I can't say the TRCA PR contained any lies, though. The Court ruled that that INSM had infringed on three claims within one patent. TRCA still has to survive validity challenges at trial in order to receive damages.
Bottom line: the case is still going to trial in November, to be followed by appeals, which have at least a 50-50 chance of succeeding.
I haven't analyzed the invalidity defense retained by INSM. I probably, like most of you, lack the scientific background, highly specialized legal training, and weeks of time to do so (assuming the key evidence is available on PACER, when I know tons of it has been redacted and/or sealed from public view). But yakking about this stuff in general is good entertainment, so have at it.
It sort of makes sense to me that if a claim is broadly drawn, it is easier to establish that the Defendant's product infringes on the claim in some fashion. But this would appear to be a double-edged sword for the Plaintiff, since a broadly drawn claim would logically be easier to invalidate. The larger the claim, the bigger the target. The larger the perimeter, the tougher to defend.
Bottom, bottom line: Nothing really has changed on the legal front since last week. For all we know, INSM might be delighted with a broad claim construction and well prepared to rip the validity of the claim apart at trial. As a long, I sure hope so.
Recent INSM News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/10/2024 09:19:37 PM
- Insmed Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4) • PR Newswire (US) • 07/05/2024 12:00:00 PM
- Additional Positive Data from Pivotal ASPEN Study of Brensocatib in Patients with Bronchiectasis to be Presented at the 7th World Bronchiectasis Conference • PR Newswire (US) • 07/03/2024 01:03:00 PM
- Insmed Announces Redemption of all $225 Million of Outstanding 1.75% Convertible Senior Notes Due 2025 • PR Newswire (US) • 06/27/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/13/2024 12:00:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 08:21:15 PM
- Insmed Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4) • PR Newswire (US) • 06/07/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:23:25 PM
- Insmed To Present at the Goldman Sachs 45th Annual Global Healthcare Conference • PR Newswire (US) • 06/05/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/04/2024 11:00:43 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/03/2024 08:33:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 09:46:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 09:45:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 09:44:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 09:43:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 09:41:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/30/2024 09:32:49 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/30/2024 08:15:33 PM
- Insmed to Host Commercial Webinar on June 4, 2024 • PR Newswire (US) • 05/30/2024 08:05:00 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 05/30/2024 08:02:27 PM
- Insmed Announces Pricing of $650 Million Public Offering of Common Stock • PR Newswire (US) • 05/30/2024 12:00:00 PM
- Insmed Announces Proposed $500 Million Public Offering of Common Stock • PR Newswire (US) • 05/28/2024 10:21:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/28/2024 08:51:26 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/28/2024 08:49:20 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/28/2024 08:47:36 PM
Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • BLO • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM