Fonar wins $110 mil. award in MRI patent infringement suit; GE will appeal.
This article was originally published in The Gray Sheet
FONAR WINS $110 MIL. AWARD IN MRI PATENT SUIT WITH GE under a jury award handed down May 26 in the U.S. District Court for Eastern New York. Fonar had been seeking over $300 mil. in lost profits and royalties for General Electric Medical Systems' infringement on two patents covering Fonar's magnetic resonance imaging technology.
You may also be interested in...
US healthcare insurance provider Health Net failed to respect Amarin’s patent rights in the way it distributed Hikma’s generic version of Vascepa (icosapent ethyl), the originator contends in an expanded induced infringement suit.
Netherlands' Authority for Consumers and Markets has reprimanded a dietary supplements player for purchasing fake followers and likes on social media to exaggerate the popularity of its products. It is the first case of its kind in the country.
Developing biosimilar orphan drugs is fraught with challenges and needs buy-in from regulators, developers, patients and clinicians.