Biotech Values

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From Bloomberg: Momenta Loses in Appeals Court Over Watson’s Lovenox Copy

http://www.bloomberg.com/news/2012-08-03/momenta-loses-in-appeals-court-over-watson-s-lovenox-copy-1-.html?cmpid=yhoo

Wheeler said the Cambridge, Massachusetts-based company is considering its options. It can seek a review of the decision before all active judges of the Federal Circuit, which specializes in patent law, and appeal to the Supreme Court.

...

Chief Judge Randall Rader disagreed with the majority, saying that Momenta shouldn’t be deprived of the fruits of its work.

“Momenta made the investment, did the research and engineered the new method,” he wrote. “Amphastar is only able to compete with Momenta by taking its patented invention. Amphastar has not developed its own method, but instead delights in trespassing and refuses to pay a reasonable royalty to make the trespass lawful.”