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Private equity investor Warburg Pincus has been a shareholder in term life insurance underwriter Primerica (NYSE: PRI ) since its IPO in 2010. However, the financial products marketer will be buying back all of the holdings Warburg Pincus owns for $154.7 million. That translates into almost 2.5 million shares of common stock and warrants that...
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Look beyond the battle to succeed Ben Bernanke as chairman of the Federal Reserve. Front-runner Janet Yellen, vice chairman for the past three years, comes well qualified, but she faces challenges no chairman has ever faced. Just ahead is a rare wave of new faces joining the policy-setting Federal Open Market Committee, which consists of the seven...
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Changes in the clinical and economic milieu of health care systems worldwide is creating changes in the evidence required for both regulatory approval and reimbursement. This includes in particular evidence about how well new treatments work compared with existing alternatives in the ‘real world’, i.e. as used by clinicians in everyday...
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WASHINGTON, D.C. - Allegations by defendants Glenmark Pharmaceuticals Inc. and Glenmark Pharmaceuticals Ltd (Glenmark, collectively) that a patent covering the anti-hypertension drug Tarka is invalid were turned away April 21 by the Federal Circuit U.S. Court of Appeals (Sanofi-Aventis Deutschland GmbH et al. v. Glenmark Pharmaceuticals Inc. et...
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|Glenmark loses appeal at CAFC|
The CAFC affirmed DNJ in Sanofi-Aventis v. Glenmark We conclude that jurisdiction is proper, and affirm the district court’s judgment and related rulings. Glenmark's unsuccessful argument Glenmark argues that the verdict cannot stand, as a matter of law, on the premise that if a combination of classes of compo- nents is already known, all...
|Top Biotech Stocks To Buy For 2015|
As the the year comes to end, there is still a steady flow of interesting news coming from small cap biotech stocks like Organovo Holdings Inc (NYSEMKT: ONVO), Advanced Cell Technology, Inc (OTCMKTS: ACTC) and TNI BioTech (OTCMKTS: TNIB)�plus still largely private biotech companies like Genocea Biosciences (NASDAQ: GNCA), Retrophin (OTCMKTS:...
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Bruce Smith/AP WASHINGTON — U.S. factories orders climbed in November, led by a surge in aircraft demand. And businesses stepped up spending on machinery, computers and other long-lasting goods, a sign of investment that could fuel economic growth. Factory orders rose 1.8 percent in November, the Commerce Department said Monday. That follows a...
|Proving Obvious with Post-Filing Evidence?: Yes|
Sanofi-Aventis v. Glenmark (Fed. Cir. 2014) In a post on the Patent Ethics site, Professor Hricik highlights this case with the following headline: CAFC Affirms Adverse Inference Instruction Due to Spoliation. Post Filing Recognition of Synergy: For patent prosecutors, an important headline from the case would also be: “Synergy” of patented...
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