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Third IPR filed by an investment firm targeting pharma patents

Michael Loney, New York

An inter partes review petition has been filed by Ferrum Ferro Capital, challenging a patent owned by Allergan, in a continuation of a trend of hedge funds and financiers targeting large pharmaceutical companies through the Patent Trial & Appeal Board

Ferrum filed an IPR petition against one claim of an Allergan patent covering a treatment for glaucoma by administering timolol and brimonidine in a single composition. This patent was the subject of lengthy litigation against generic drug company Sandoz, with...

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