Ariad patent victory over Lilly among largest in 2006

January 3, 2007
Eli Lilly and Co.’s loss in May of a patent-infringement lawsuit brought by Ariad Pharmaceuticals Inc. went down as the 6th-largest such jury award last year, a Bloomberg analysis shows.

A Massachusetts jury awarded Ariad $65.2 million after unanimously agreeing that Lilly’s Evista and Xigris drugs infringed on a patent held by the Cambridge, Mass., drug developer.
Jury awards for patent verdicts nearly tripled last year from 2005—to $1 billion—as companies took to the courts to protect valuable technology, and increasingly trusted juries to sort through complex disagreements.
The largest jury award last year for infringing a patent, $307 million, went to Los Altos, Calif.-based Rambus Inc. after it sued Hynix Semiconductor Inc. of Inchon, South Korea, over use of random access memory. A judge cut the figure to $133.4 million.
Source: XMLFULL/XMLFull255.xml

Recent Articles by IBJ Staff

Comments powered by Disqus