News Focus
News Focus
Post# of 257257
Next 10
Followers 842
Posts 122795
Boards Moderated 10
Alias Born 09/05/2002

Re: zipjet post# 77308

Tuesday, 05/05/2009 6:58:24 PM

Tuesday, May 05, 2009 6:58:24 PM

Post# of 257257

Would the existence of such a policy be grounds for additional damages in the nature of punitive damages?

I’m not sure I follow your thinking here—please elaborate.

Any company that engages in that form of risk transfer should not let it be known, IMO.

My impression is that Teva wants branded-drug companies to be aware that Teva carries insurance for at-risk launches. Teva presumably thinks this knowledge will motivate branded-drug companies to settle patent challenges more readily, giving Teva a financial benefit without having to incur the costs of litigation.


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

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now