On December 15, 2016 a Delaware jury returned the largest patent verdict in history. The case, Idenix Pharmaceuticals Inc., et al. v Gilead Sciences Inc., et al was heard in the United States District Court for District of Delaware.
Barry Herman of Womble Carlyle Sandridge & Rice, LLP, in an article published in IPLaw 360, advances “Lessons From the Largest Patent Damages Award In History”. You can read the full article here
The jury awarded Merck’s subsidiary, Idenix, $2.54 billion for patent infringement of technology pertaining to Hepatitis C medication.
OceanTomo Managing Director Andrew Carter opined as to damages equal to 10% of Gilead’s US sales or $2.54 billion.