Bristol Myers, AstraZeneca strike $510M settlement on PD-L1, CTLA-4 patent lawsuits
AstraZeneca shelled out $510 million to settle patent lawsuits around its PD-L1 and CTLA-4 drugs, handing Bristol Myers Squibb another win in its quest to assert pioneer status with its checkpoint franchises.
A judge in the US District Court in Delaware officially approved the companies’ joint stipulation to dismiss the case on Monday, according to court documents. But the settlement was struck earlier in July: AstraZeneca disclosed in its second-quarter earnings report that it entered a global settlement that “resolves all patent disputes relating to Imfinzi and Imjudo between the companies.”
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