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ILLINOIS UNION INSURANCE COMPANY v. TEVA PHARMACEUTICALS USA, INC. et al
Case Number:
2:13-cv-03869
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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October 11, 2013
Coverage Row Over Teva Patent Deal Sent To Arbitration
Illinois Union Insurance Co. must go into arbitration to resolve its feud with Teva Pharmaceutical Industries Inc. over coverage for a small portion of the drugmaker's recent $1.6 billion patent infringement settlement with Pfizer Inc., a Pennsylvania federal judge ruled Friday.
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July 03, 2013
Teva's $1.6B Pfizer Patent Deal Isn't Covered, Insurer Says
Illinois Union Insurance Co. sued Teva Pharmaceutical Industries Ltd. in Pennsylvania federal court Wednesday claiming it doesn't have to cover a portion of Teva's $1.6 billion patent infringement settlement with Pfizer Inc. over the acid-reflux drug Protonix, saying it was never properly notified of the suit.