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Mylan prevails in Lantus patent challenge

Published 12/13/2018, 08:21 AM
Updated 12/13/2018, 08:21 AM
© Reuters.  Mylan prevails in Lantus patent challenge
  • Mylan N.V. (NASDAQ:MYL) announces that the USPTO's Patent Trial and Appeal Board has ruled in its favor in its inter partes review of two formulation patents covering Sanofi 's (NYSE:SNY) long-acting insulin Lantus (insulin glargine 100 U/mL), clearing one hurdle for Mylan's generic versions. Patent infringement litigation is still open with no specific trial date determined.
  • Per IQVIA, the U.S. market for Lantus is ~$2.14B and ~$4.39B for Lantus SoloSTAR (disposable injection pen).
  • SNY is off a fraction premarket.
  • Now read: Henry Schein (NASDAQ:HSIC) announces 0M increase to share repurchase plan


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