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Tuesday, February 5, 2019

Shire unit ordered to pay Bayer $155.2M in royalties

Shire’s (SHPG) Baxalta unit must pay Bayer (BAYRY) $155.2M in royalties for infringing a patent for hemophilia treatment Adynovate, Bloomberg reports, citing a verdict from a federal court in Wilmington, Delaware. Jurors rejected Shire’s contention that the patent is invalid, Bloomberg adds.

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