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Judge Backs Acorda's $16.6M Award In MS Drug Row

IP Law 360

in its dispute with Alkermes PLC over a multiple sclerosis drug, but refused to increase the award by $65.6 million to refund the company for royalties paid after the drug's patent expired. A New York federal judge has confirmed a nearly $16.6 million arbitral award issued to Acorda Therapeutics Inc.

Patent 40
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Alkermes Raises Revenue Forecast After Arbitration Award

IP Law 360

Biopharmaceutical company Alkermes PLC on Tuesday boosted its financial forecast for 2023 by $425 million after the company said it wrapped arbitration proceedings with Johnson & Johnson subsidiary Janssen Pharmaceutica NV over two license agreements for small particle pharmaceutical compound technology that Janssen uses in antipsychotic, schizophrenia (..)

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Alkermes, Janssen Enter Arbitration Over NanoCrystal Tech

IP Law 360

Biopharmaceutical company Alkermes PLC said it has entered binding arbitration with Johnson & Johnson subsidiary Janssen Pharmaceutica NV over two licensing agreements for small particle pharmaceutical compound technology Janssen uses in antipsychotic, schizophrenia and HIV drugs.