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Genentech/Wellcome TPA suit

Executive Summary

Genentech says it won decisions in "all matters" of the tissue plasminogen activator patent and antitrust litigation with Burroughs Wellcome and Genetics Institute ("The Pink Sheet" March 12, T&G-4). In an April 6 jury decision in Wilmington, Delaware Federal Court, the jury found that "Wellcome and Genetics Institute infringed three Genentech TPA patents and upheld the validity and enforceability of those patents, but did not award any monetary damages," Genentech said. The jury also denied Wellcome's antitrust claims against Genentech as well as Genetics Institute's claim of unfair competition, according to Genentech. Genentech plans to file for a court injunction preventing Wellcome and Genetics Institute from marketing their first and second generation TPA products in the U.S.
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PS017227

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