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DewDiligence

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DewDiligence

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Re: Titan V post# 207041

Thursday, 12/15/2016 5:15:28 PM

Thursday, December 15, 2016 5:15:28 PM

Post# of 251872
Court orders GILD to pay MRK $2.54B in damages for HCV patent infringement:

https://twitter.com/CarolineYLChen/status/809511197846319104

This award is a consequence of the nucleoside patents owned by Idenix, which was acquired by MRK for $3.85B in 2014 (#msg-103051902). So, while MRK did not derive much benefit clinically from the IDIX deal (#msg-126517784), they did recapture a lot of the purchase price.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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