UPDATE: Teva's (TEVA) '302 Capaxone Patent Invalidated by U.S. Patent Office

September 1, 2016 2:42 PM EDT

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(Updated - September 1, 2016 2:51 PM EDT)

Teva Pharma (NYSE: TEVA) lost a third court ruling against Mylan (NASDAQ: MYL) related to Teva's drug Copaxone. Today's decision by the U.S. Patent and Trademark Office stated that claims 1-12 of the ’302 patent are held unpatentable. Previously two other patents were invalidated.

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