biotech patent news

Genzyme hits Anika with patent suit

Genzyme (NASDAQ: GENZ) is hauling Anika Therapeutics (NASDAQ: ANIK) to court in Massachusetts over the latter's proposed osteoarthritis treatment Monovisc, which could be approved by the FDA in the second half of the year. Genzyme claims the product infringes two of its patents and has asked the court to bar Anika from selling Monovisc, according to the complaint filed July 7. "Anika's activities have been without express or implied license from Genzyme," the plaintiff says in the...
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