Will $2.5Bn Jury Verdict Against Gilead Stand? Future Royalties, Willful Infringement Penalty Uncertain
Gilead is appealing a jury finding that it must pay Merck 10% royalty on sales of Sovaldi and Harvoni through August 2016; judge could find the firm owes treble the amount for willful infringement.
While a Delaware jury found that Gilead Sciences Inc. willfully infringed Merck & Co. Inc.’s hepatitis C treatment patent and awarded Merck a whopping $2.54bn, the final payout is uncertain.
Gilead is appealing the verdict to the US Court of Appeals for the Federal Circuit and the company...