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Medipharm Labs Corp T.LABS

Alternate Symbol(s):  MEDIF

MediPharm Labs Corp. is a Canada-based full-service pharmaceutical company. The Company specializes in the development and manufacture of purified, pharmaceutical-quality cannabis concentrates, active pharmaceutical ingredients (API) and advanced derivative products. Through its wholesale and white label platforms, the Company formulates, develops (including through sensory testing), processes, packages and distributes cannabis extracts and advanced cannabinoid-based products to domestic and international markets. It also provides GMP flower sourcing, packaging, and distribution services for select international clients. In addition, it cultivates cannabis to sell as dried flower, pre-roll and other cannabis products for the adult use and medical markets. The Company's subsidiary, Harvest Medicine provides clinic services to Canadian patients requiring medical cannabis education and prescriptions.


TSX:LABS - Post by User

Post by okgonowon Apr 22, 2024 12:00pm
95 Views
Post# 36001464

patents

patentsmaybe they will get a positive ruling on the patent infringement in the case against Jazz re; you cant patent a natrual product


U.S. Supreme Court rejects Vanda Pharmaceuticals case over sleep-drug patents

By Blake Brittain

WASHINGTON, April 22 (Reuters) - The U.S. Supreme Court on Monday declined to hear a bid by Vanda Pharmaceuticals to revive patents for its sleep-disorder drug Hetlioz that were previously declared invalid in a dispute with generic drugmakers Teva and Apotex.

The justices turned away Vanda's appeal of a lower court's ruling against the company, which in 2018 had sued Teva and Apotex in Delaware for patent infringement after they applied to make generic versions of Vanda's Hetlioz, a circadian-rhythm drug used to treat rare sleep disorders.

In the case, the Supreme Court declined a chance to consider for the first time since 2007 when a patent can be invalidated as "obvious" based on earlier publications describing the same invention.

Washington-based Vanda earned more than $100 million from sales of Hetlioz in 2023, according to a company report.

U.S. District Judge Colm Connolly ruled against Vanda and cleared a hurdle for the generics in 2022. Connolly found Vanda's patents invalid based on clinical trial results, U.S. Food and Drug Administration guidance and other documents that, when combined, would have made the patented inventions obvious to a scientist in the field.

The patent-focused U.S. Court of Appeals for the Federal Circuit upheld the decision in 2023. Vanda asked the Supreme Court in January to hear its appeal.

Vanda told the justices that the Federal Circuit has "charted its own course" and adopted a lower standard than the Supreme Court mandated for determining obviousness.

"Most relevant here, it threatens to render many advancements in drug development unpatentable," Vanda said. "That is an especially pernicious result for rare diseases, where patent-based incentives are crucial for innovators to invest the billions required to develop new, successful treatments."

Israel-based Teva and Canada-based Apotex responded that Vanda was merely trying to extend its patent monopoly on Hetlioz and that the case "involves nothing more than the routine, fact-bound application of settled obviousness law."

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