3rd Circ.: Biotech Must Pay Royalties Despite Expired Patents

By Hannah Albarazi ( September 3, 2024, 7:00 PM EDT) -- A cancer drug biotechnology company must pay royalties to a research firm despite the expiration of the applicable patents, a Third Circuit panel ruled in a precedential decision Tuesday, concluding that the biotech's royalty obligation is calculated differently than the one in a U.S. Supreme Court case it cited....

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