The largest patent infringement verdict in U.S. history did not stand the test of time at the United States Court of Appeals for the Federal Circuit. After a five-day trial, the jury found Abbott liable for willful infringement. The jury rejected Abbott’s argument that the asserted claims were invalid, and awarded Centocor over $1.67 billion in damages. The Federal Circuit reversed and held that the asserted claims were invalid for failure to meet the statutory written description requirement, erasing the $1.67 billion verdict.
What’s $175,641,661 among friends? Apparently not much, at least insofar as news media are concerned, although it is admittedly unfair to use the word “friends” in the same sentence as $175,641,661. In reality, it is hard to characterize Abbott Laboratories as being a “friend” of who they must pay that exorbitant sum to, but I guess is does certainly pale…
Description: Professor Rochelle Dreyfuss (New York University School of Law) on “What the Federal Circuit Can Learn from the Supreme Court–and Vice Versa” Date & Time: October 20, 2009 from 5:00pm to 7:30pm Reception: 5:00 PM Lecture: 6:00 PM