Patently absurd?
Article Abstract:
A Boston jury on May 4, 2006 ruled that the Eli Lilly osteoporosis drug Evista (raloxifene) and sepsis drug Xigris (activated protein C) infringed a patent held by the Massachusetts Institute of Technology (MIT), the Whitehead Institute and Harvard University, and exclusively licensed to Ariad Pharmaceuticals. The jury awarded Ariad $65.2 million in back royalties, as well a 2.3% royalty on future sales of Evista and Xigris through 2019.
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 2006
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NIH licensing performance under par
Article Abstract:
A class of anticancer compounds called macrocyclic lactones, which were discovered by the National Institutes of Health (NIH) were licensed seven years after their discovery. The reasons for the delay could be attributed to heavy workload, high turnover amongst the licensing officers and lack of direct marketing at the NIH's Office of Technology Transfer (OTT).
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 2004
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Biotech industry faces new bottleneck
Article Abstract:
There is a serious shortage in recombinant protein therapeutic manufacturing capacity within the biotechnology industry. The industry must seek a way to produce all the proteins that are expected to win approval in the near future.
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 2001
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