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Infectious Diseases Respiratory

PDL Biopharma in $92.5 million settlement with MedImmune to resolve disputes on Synagis claims

This article was originally published in Scrip

Executive Summary

PDL Biopharma says it has made a $92.5 million settlement with MedImmune, a subsidiary of AstraZeneca, to resolve all legal disputes between the two parties, including those related to MedImmune's respiratory syncytial virus drug Synagis (palivizumab) and PDL's patents. PDL added that MedImmune will not pay any further royalties on sales of the product.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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