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Will Celgene and Dr. Reddy’s settle the Revlimid dispute now that Bristol Myers is at the table?
Celgene ($CELG) has announced plans to be acquired by Bristol Meyers Squibb ($BMY). A settlement conference is scheduled in the Hatch-Waxman patent case between Celgene and Dr. Reddy’s on January 10, 2019. Now that Bristol Meyers is at the table, will the parties be able to reach a settlement that couldn’t be reached before?
Are Celgene and Dr. Reddy’s about to settle the Revlimid® patent case?
Yesterday, we blogged about why the Markman hearing was cancelled in Celgene’s Revlimid® patent case against Dr. Reddy’s. Some analysts suggested that this is a positive indication of a settlement approaching with Dr. Reddy’s and possibly with all generics. We weigh in.