Lloyd's Of London Offers Patent Infringement Insurance To Device, Drug Firms
This article was originally published in The Gray Sheet
Medical device and pharmaceutical manufacturers now have the option of purchasing patent infringement insurance that covers attorneys' fees, settlement amounts and even damages for willful infringement. Underwritten by syndicates at Lloyd's of London, the policies became available Nov. 30.
You may also be interested in...
As arguments rage over whether the UK regulator has rushed its assessment of the Pfizer/BioNTech vaccine, the European Medicines Agency explains why its conditional marketing authorization approach is taking a little longer.
The IVDR implementation schedule is problematic. European notified bodies say solutions must be grasped if public health is not to suffer.
Amid several new and updated draft guidance documents and the potential approach of the first approval, interchangeability continues to be a buzzword in US biosimilars. AbbVie has projected that two Humira (adalimumab) biosimilars will hold the designation when they launch in 2023.