Manufacturing Industry
LILLY (ELI) & COMPANY - Jury Issues Verdict in Ariad v. LLY.
PR Newswire UK Disclose, May, 2006
Jury Issues Verdict in Ariad v. Lilly Patent Infringement Suit
Lilly Strongly Disputes Jury Decision and Expects to Ultimately Prevail
Eli Lilly and Company (NYSE: LLY) today announced that a jury in the U.S.
District Court of Massachusetts in Boston has issued an initial decision in the
case of Ariad Pharmaceuticals et al v. Eli Lilly and Company. The federal
jury's verdict is that U.S. Patent No. 6,410,516, owned by Harvard, the
Massachusetts Institute of Technology, and the Whitehead Institute and licensed
to Ariad Pharmaceuticals, is valid and infringed by Lilly's sale of EvistaA' and
XigrisA'.
"In my more than thirty years of experience in patent law, which includes
involvement in dozens of patent lawsuits, I've never seen a jury verdict with
which I so...
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