Apotex Hit With $442 Million Judgment in Bloof Thinner Plavix Patent Suit

By Jack Simony

A Manhattan federal district court judge ordered Apotex to pay $442,209,362 in damages, plus interest in a patent infringement case that was first filed in 2002 by Sanofi-Aventis and Bristol-Myers Squibb, The American Lawyer reported.

Blood thinner Plavix is the world’s second-biggest selling drug. According to Bloomberg, the infringement sales took place in August 2006 for a three-week period.

– By Jack Simony

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About Jack Simony

Jack Simony is a hedge fund portfolio manager from New York City. More information and a full biography can be found by visiting http://www.jacksimony.org.
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