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Zoetis loses challenge over security for costs in horse vaccine class action
The Full Federal Court has shot down a challenge to a ruling denying horse vaccine maker Zoetis' application for security for costs in an unfunded class action brought on behalf of horse owners alleging the company failed to warn about the potential side effects of the Hendra virus vaccine.
ACCC says Medibank misled consumers about policy benefits
The Australian Competition and Consumer Commission has taken private health insurer Medibank to court for falsely telling consumers they were not eligible for certain coverage under their insurance policies, with over 800 policy holders denied coverage for joint investigation or reconstruction procedures.
Merck wins docs from Wyeth ahead of hearing on reopening Prevnar 13 trial
Merck Sharp & Dohme has emerged victorious in a battle over documents with Wyeth, as the parties gear up for a hearing on Wyeth's request to reopen a trial over three patents for its Prevnar 13 pneumococcal vaccine.
Cryosite wins $1M settlement over legal advice behind gun-jumping case
Biotech company Cryosite has agreed to a $1 million settlement for losses resulting from legal advice received in relation to a merger agreement that left the company facing $1.05 million in penalties for engaging in cartel conduct.
Pfizer claims Juno infringing patent for post-op painkiller
Two units of US pharmaceutical giant Pfizer have filed a lawsuit seeking damages from Juno Pharmaceuticals for allegedly infringing the patent for post-operative pain drug Dynastat.
Judge OKs $40M Sirtex settlement, rejects ‘race to the bottom’ for funding commissions
A judge has signed off on a $40 million settlement reached in shareholder class action against Sirtex, including a $10 million cut for the funders, saying commission rates should reflect the risks taken by funders.
Regeneron steps up opposition to Kymab’s human rat patent
US biotechnology company Regeneron Pharmaceuticals has filed a Federal Court challenge after losing its opposition to a patent application by UK biopharmaceutical company Kymab for a method of producing an animal with part-human DNA.
Law firm planning hundreds of pelvic mesh lawsuits against doctors
A Sydney-based law firm has over 200 lawsuits in the pipeline against medical professionals across the country seeking compensation for injuries caused by allegedly dangerous pelvic mesh implants.
Ariosa appeals loss to Sequenom over prenatal genetic test patent
Ariosa Diagnostics has asked the Full Federal Court to hear its challenge to a ruling that its Harmony prenatal test infringed Sequenom's patent for a prenatal genetic test, saying the court's judgment was attended by "sufficient doubt".
Pfizer may seek stay of Merck vaccine patent case
Global pharmaceutical firm Pfizer is mulling an application to stay a lawsuit by Merck Sharp & Dohme seeking to invalidate a patent related to the blockbuster Prevnar 13 vaccine as it awaits the outcome of similar proceedings in the US.