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Monday, 07/16/2018 7:45:00 PM

Monday, July 16, 2018 7:45:00 PM

Post# of 20689
Amphastar cannot collect $100 mln during Momenta drug patent appeal - judge

Nate Raymond

A federal judge on Monday ruled that Amphastar Pharmaceuticals Inc must wait to collect a $100 million bond that Momenta Pharmaceuticals Inc and Sandoz Inc posted in a drug patent case it won until after an appellate court hears the dispute.

U.S. District Judge Nathaniel Gorton in Boston said he must defer ruling until a federal appeals court reviews a jury’s 2017 verdict finding that a patent held by Momenta it claimed Amphastar infringed was invalid.

https://www.reuters.com/article/health-amphastar/amphastar-cannot-collect-100-mln-during-momenta-drug-patent-appeal-judge-idUSL1N1UC1WT