Member Directory
Member Directory

Jury Orders Lilly to Pay $175M to Teva

Eli Lilly logo on sign.

Just one month after the news that Teva and Eli Lilly were going to duke it out in federal court, a jury has now come to a conclusion.

And that conclusion will cost Eli Lilly more than $175 million.

A jury verdict in Massachusetts district court was handed down Wednesday between the Big Pharma and the generics giant. Per the verdict sheet, Eli Lilly has to pay Teva a combined $176.5 million on three types of damages: $90 million in past lost profits; $36.74 million in what the jury deemed was a reasonable royalty fine at a 5% rate; and $49.8 million to be paid in future lost profits.

Read the source article at

Contact Us Today

Read More Legal News

The National Trial Lawyers White Logo for Footer
© Copyright 2022, All Rights Reserved | National Trial Lawyers
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram