Te­va wins $175M set­tle­ment af­ter ju­ry or­ders Eli Lil­ly to pay up on patent in­fringe­ment suit

Just one month af­ter the news that Te­va and Eli Lil­ly were go­ing to duke it out in fed­er­al court, a ju­ry has now come to a con­clu­sion.

And that con­clu­sion will cost Eli Lil­ly more than $175 mil­lion.

A ju­ry ver­dict in Mass­a­chu­setts dis­trict court was hand­ed down Wednes­day be­tween the Big Phar­ma and the gener­ics gi­ant. Per the ver­dict sheet, Eli Lil­ly has to pay Te­va a com­bined $176.5 mil­lion on three types of dam­ages: $90 mil­lion in past lost prof­its; $36.74 mil­lion in what the ju­ry deemed was a rea­son­able roy­al­ty fine at a 5% rate; and $49.8 mil­lion to be paid in fu­ture lost prof­its.

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