Teva Found on Summary Judgment to Infringe Mylan Patent for Perforomist® Inhalation Solution
Mylan (Nasdaq: MYL) today announced that the United States District Court for the Northern District of West Virginia has granted Mylan's motion for partial summary judgment finding that the production and marketing of Teva's (NYSE: TEVA) generic version of Mylan's Perforomist® Inhalation Solution infringes one of Mylan's Orange Book listed patents (U.S. Patent No. 6,667,344) on Perforomist. Teva's abbreviated new drug application (ANDA) for a generic Perforomist has not yet been granted tentative or final approval by the U.S. Food and Drug Administration.
Trial on the remaining issues in the case is currently scheduled to begin later this month.
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Mylan is a global pharmaceutical company committed to setting new standards in health care. Working together around the world to provide 7 billion people access to high quality medicine, we innovate to satisfy unmet needs; make reliability and service excellence a habit; do what's right, not what's easy; and impact the future through passionate global leadership. We offer a growing portfolio of approximately 1,100 generic pharmaceuticals and several brand medications. In addition, we offer a wide range of antiretroviral therapies, upon which approximately 40% of HIV/AIDS patients in developing countries depend. We also operate one of the largest active pharmaceutical ingredient manufacturers and currently market products in approximately 140 countries and territories. Our workforce of more than 20,000 people is dedicated to improving the customer experience and increasing pharmaceutical access to consumers around the world. But don't take our word for it. See for yourself. See inside. mylan.com
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