3rd Circ.: Biotech Must Pay Royalties Despite Expired Patents

By Hannah Albarazi · September 3, 2024, 7:00 PM EDT

A cancer drug biotechnology company must pay royalties to a research firm despite the expiration of the applicable patents, a Third Circuit panel ruled in a precedential decision Tuesday, concluding that...

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Case Information

Case Title

Ares Trading SA v. Dyax Corp

Case Number

23-1487

Court

Appellate - 3rd Circuit

Nature of Suit

4190 Other Contract Actions

Date Filed

March 24, 2023