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US Judge Upholds Validity Of Merck's Vytorin Patent

By Peter Loftus Of DOW JONES NEWSWIRES A federal judge has upheld the validity of a U.S. patent covering Merck & Co.'s (MRK) Vytorin cholesterol-lowering drug, which could stave off competing generic copies for several years. In an opinion released Friday, U.S. District Judge Jose Linares in federal court in Newark, N.J., said a patent for Vytorin was valid and enforceable. Merck, based in Whitehouse Station, N.J., said in a recent regulatory filing it expects its U.S. exclusivity for Vytorin and a related drug, Zetia, to expire in April 2017. Mylan Inc. (MYL) had applied for U.S. Food and Drug Administration approval to sell a generic version of Vytorin before its patent protection expired, arguing that the patent was invalid and unenforceable. Schering-Plough, which was acquired by Merck in 2009, filed a patent-infringement lawsuit against Mylan in late 2009, seeking to block Mylan's product. A trial was held in December 2011, leading to Judge Linares's opinion Friday. On a conference call with analysts Friday morning, Merck Chief Executive Kenneth Frazier said he was anticipating a favorable decision. "We believe this is a patent that is valid and enforceable," he said. A Mylan spokeswoman couldn't immediately be reached. Earlier Friday, Merck reported first-quarter Vytorin sales of $444 million and Zetia sales of $614 million. Merck previously reached a settlement of patent litigation for Zetia with generics manufacturer Glenmark Pharmaceuticals. The pact will allow Glenmark to sell generic Zetia in December 2016, subject to final regulatory approval. -By Peter Loftus, Dow Jones Newswires; +1-215-982-5581; [email protected]

Stock News for Mylan Inc. (MYL)
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03/13/201708:00:00Mylan Announces Global Settlement and License Agreements with...
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03/01/201717:07:30Annual Report (10-k)
03/01/201716:53:26Amended Current Report Filing (8-k/a)
03/01/201709:46:00Hot Stocks to Watch in the U.S. and Canada
03/01/201707:52:35Current Report Filing (8-k)
03/01/201707:45:00Mylan Reports Fourth Quarter and Full Year 2016 Results and Provides...
02/16/201708:08:00U.S. FDA Accepts Biologics License Application (BLA) for Mylan...
02/14/201713:59:00Mylan Applauds the Generic Pharmaceutical Association's Rebrand...
02/13/201708:46:20Statement of Ownership (sc 13g)
02/10/201710:36:50Statement of Ownership (sc 13g)
02/09/201710:46:47Schedule 13g
02/03/201706:33:00Mylan to Host Investor Day on March 1, 2017 in New York City
02/01/201703:02:00More Headaches for Drugmakers -- WSJ
01/30/201718:51:00Mylan Wins U.S. District Court Ruling Related to Copaxone® 40...
01/25/201714:53:22Amended Statement of Ownership (sc 13g/a)
01/19/201716:27:00Rival to EpiPen Allergy Treatment to Return to Market--Update

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