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Specifically, the Court focused on the purpose: to compensate pharmaceuticalcompanies for the effective truncation of their patent terms while waiting for regulatory approval of new drug applications. The Court thus explained that interpreting the patent in 35 U.S.C.
model is a holistic approach to incorporate the same strategy to life science and pharmaceuticalcompanies. A globally fast-growing, and largest pharmaceuticalcompany in the world was created through a merger between Pfizer and Pharmacia. On the other hand, the company’s revenue recorded a $2.9M
The world’s biggest pharmaceuticalcompany Pfizer announced in June 2008 that it would be putting its “full scope and scale” behind a push into the cancer market. ” “Between 2003 and 2005 global sales for cancer-treating drugs grew by 40%.”
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