A Delaware federal jury awarded Amgen Inc. $70 million in damages late Friday after finding that Hospira Inc. infringed a patent for the anemia treatment Epogen, rejecting Hospira's argument that it was protected by a safe harbor meant for companies seeking federal approval for biosimilar products.
President Donald Trump released on Friday his latest batch of nominations for U.S. attorney, including former associates at Sidley Austin LLP and Goodwin Procter LLP.
Massachusetts-based biopharmaceutical company Aegerion Pharmaceuticals Inc. agreed Friday to pay about $40 million to end criminal and civil allegations by the U.S. Department of Justice and fraud charges brought by the U.S. Securities and Exchange Commission over an expensive cholesterol treatment.
Bank of America Corp. and its Merrill Lynch Pierce Fenner & Smith Inc. broker-dealer unit agreed to pay a total of $5 million to settle allegations they misled prosecutors and regulators investigating former New York swaps traders for executing futures trades after learning big trades were in the pipeline, federal authorities announced Friday.
A Florida federal judge on Friday rejected Burger King’s bid to pause a proposed class action accusing it of printing too many card digits on receipts, saying the likelihood of the restaurant succeeding in its bid to ax the suit isn’t so high that he needs to impose a stay while deciding the motion.
A California judge Friday rebuffed a bid by Michael Jackson’s production company to slash a jury’s $9.4 million royalty damages award to Quincy Jones for work on the albums "Thriller," "Bad" and "Off the Wall," rejecting arguments that Jones’ main claims weren’t supported by trial evidence.
The Federal Circuit on Friday denied a request from a district court judge who wanted to respond to an appeal of his decision to keep a patent lawsuit against Micron Inc. in Massachusetts following the U.S. Supreme Court’s recent TC Heartland ruling.
A California appeals court reversed on Thursday a trial court's decision to disqualify Spainhour Law Group from defending Real Estate Portfolio Management LLC and its owner against a suit filed by another real estate company over an allegedly breached partnership agreement.
A New York federal judge on Thursday rejected a proposed $19.1 million settlement between a putative class of 28,800 TGI Friday's tipped workers and the restaurant chain, saying it contains confidentiality and release provisions that could not “pass muster.”
Sen. John McCain, R-Ariz., may have derailed the latest attempt to repeal and replace the Affordable Care Act, issuing a statement Friday saying he would not support the bill for its rushed nature and lack of independent analysis.
Facebook dropped its plans Friday to create a nonvoting class of stock that would have allowed CEO Mark Zuckerberg to retain control of the company while divesting 99 percent of his stake to charity, an about-face that scotched a Delaware Chancery Court trial scheduled for next week.
A pharmacy technician told a federal jury Friday that his boss told him to fake documents, skip safety tests and use expired ingredients at a Massachusetts pharmacy linked to the 2012 fatal meningitis outbreak.
A neighborhood pharmacy in Chicago hit benefits manager Prime Therapeutics and Walgreens with a $1.5 billion antitrust suit in Illinois federal court on Thursday alleging they are working together to push the mom-and-pop shop out of the market through an anti-competitive agreement.
By Erin Coe