Abbott Labs to Pay J&J $1.67 Billion from Patent Infringement Lawsuit

Submitted by patentadmin on Thu, 07/02/2009 - 00:00

July 2, 2009 - In the most expensive verdict in US history, Johnson & Johnson announced on June 29 that its patent infringement lawsuit against Abbott Labs was successful and that Abbott had been ordered to pay $1.67 billion ($1.17 billion in lost profits and $504 million in royalties) for infringing the patent on J&J's drug Remicade with its own drug Humira.

Both drugs treat rheumatoid arthritis, from which 1.3 million Americans suffer. The verdict was decided by a jury in the Eastern District of Texas.

The lawsuit against Abbott was filed in April 2007 by J&J's Centocor Ortho Biotech Inc. division and New York University, which has granted Centocor an exclusive license to the patent. Abbott is expected to appeal the decision.