Patents aren't just an issue in Thailand, either. These days, drugmakers are having a more difficult time keeping patent protection on their products, the Financial Times notes. Ever since top U.S. courts said last spring that "obviousness" could derail a patent, some of pharma's protections have been in peril. Particularly, of course, those patents on meds that are just tweaked-up versions of existing drugs, such as extended-release formulations. Last week, a trial court nullified Bayer's patent on its Yasmin [1] contraceptive for obviousness.
Lehman Bros. estimates that a quarter of 2008 pharma revenue will be at risk from generics by 2012, the Times reports. An additional 9 percent would be if drugmakers lose a lot of lawsuits. There's some hope, though; you'll recall that just yesterday generics maker Teva lost its bid to flatten Pfizer's patents on the painkiller Celebrex.
- read the story [2] in the FT
Related Articles:
Officials toss Genentech antibody patent. Report [3]
Patent ruling threatens $300M in Genentech revenue. Report [4]
BMS is lead player in patent-approval race. Report [5]
Links:
[1] http://www.fiercepharma.com/story/bayer-loses-yasmin-patent-fight/2008-03-04?utm_medium=rss&utm_source=rss
[2] http://www.ft.com/cms/s/1/c79e109c-ef0b-11dc-97ec-0000779fd2ac.html
[3] http://www.fiercebiotech.com/story/officials-toss-genentech-antibody-patent/2008-02-26
[4] http://www.fiercebiotech.com/story/patent-ruling-threatens-300m-in-genentech-revenue/2005-09-29
[5] http://www.fiercebiotech.com/story/bms-lead-player-patent-approval-race/2008-01-15