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Replies to #77308 on Biotech Values
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DewDiligence

05/05/09 6:58 PM

#77310 RE: zipjet #77308

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.