Posts Tagged: "patent settlement"

The Federal Trade Commission has filed a complaint in federal district court challenging agreements in which Solvay Pharmaceuticals, Inc. paid generic drug makers Watson Pharmaceuticals, Inc. and Par Pharmaceutical Companies, Inc. to delay generic competition to Solvay’s branded testosterone-replacement drug AndroGel, a prescription pharmaceutical with annual sales of more than $400 million. “At a time of escalating health care costs,…

Public Service Enterprise Group (PSEG), a diversified energy company with 2.1 million electric and 1.7 million natural gas customers located throughout New Jersey (NYSE:PEG) and Ronald A. Katz Technology Licensing, L.P., headquartered in Los Angeles, today announced the settlement of patent litigation between the parties. As part of the settlement, PSEG has agreed to pay an undisclosed sum for a nonexclusive license under a comprehensive portfolio of patents that Katz owns relating to interactive voice applications.