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Thursday, June 18, 2020

Biogen patent fight with Mylan goes south

Biogen (NASDAQ:BIIB) plummeted in the pre-market after a West Virginia judge found that generic drug maker Mylan (NASDAQ:MYL) demonstrated Biogen’s U.S. patent ‘514 for Tecfidera was “invalid for lack of written description.”
Tecfidera was approved for treatment of multiple sclerosis and Mylan sought to market a bioequivalent.

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