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Fed. Circ. Backs Actavis' $12M Patent Suit Cost Deduction

By Anna Scott Farrell ( March 21, 2025, 12:11 PM EDT) -- Drugmaker Actavis can take a $12 million tax deduction for money it spent fending off lawsuits while securing approval to sell generic birth control and other drugs, the Federal Circuit ruled Friday, affirming the U.S. Court of Federal Claims' decision that the costs were deductible as ordinary business expenses....

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