Biogen's Tecfidera Patent Upheld By European Patent Office
Portfolio Pulse from Benzinga Newsdesk
The European Patent Office has upheld Biogen's patent for Tecfidera, a treatment for multiple sclerosis. This decision is significant for Biogen as it protects their intellectual property and revenue stream in Europe.
October 25, 2024 | 3:49 pm
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The European Patent Office's decision to uphold Biogen's Tecfidera patent is a positive development for the company, as it secures their intellectual property and revenue stream in Europe.
The upholding of the Tecfidera patent by the European Patent Office ensures that Biogen maintains exclusive rights to market the drug in Europe, protecting its revenue from potential generic competition. This is likely to have a positive impact on Biogen's stock price in the short term.
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IMPORTANCE 80
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