A US district court upheld the validity of Novartis' patent for its top-selling multiple sclerosis (MS) drug Gilenya, rejecting a lawsuit from generic drug maker HEC.
Gilenya is the Swiss drugmaker's No. 2 revenue generator at $738 million in the second quarter.
HEC had sought approval to make a generic copy of Gilenya before the expiration of Novartis' patent with the US Food and Drug Administration (FDA).
The Swiss drugmaker said it continued the injunction against the marketing and sale of Gilenya and other generics granted to it in June 2019.
The FDA approved three generic versions of the Novartis MS treatment in December.
Novartis had settlement agreements with other manufacturers to allow them to launch generic versions of Gilenya before the patent expires in 2027.


NRW Holdings Shares Surge After Securing Major Rio Tinto Contract and New Project Wins
Panama Supreme Court Voids CK Hutchison Port Concessions, Raising Geopolitical and Trade Concerns
Using the Economic Calendar to Reduce Surprise Driven Losses in Forex
Hyundai Motor Lets Russia Plant Buyback Option Expire Amid Ongoing Ukraine War
American Airlines Plans Return to Venezuela Flights After U.S. Lifts Ban
Disney Board Nears CEO Decision as Josh D’Amaro Emerges as Leading Candidate
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure
Trump Threatens Aircraft Tariffs as U.S.-Canada Jet Certification Dispute Escalates
Tesla Launches New Model Y Variant in the US Starting at $41,990
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race
US Judge Rejects $2.36B Penalty Bid Against Google in Privacy Data Case
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom
Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services
Panama Supreme Court Voids Hong Kong Firm’s Panama Canal Port Contracts Over Constitutional Violations
SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers
Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers 



