Bayer awarded indemnity costs against Generic Health in Yasmin patent litigation

Earlier this year Jagot J of the Federal Court of Australia ordered Generic Health to pay Bayer $25,437,966 in damages plus interest to compensate for lost revenue caused by generic product sales infringing its patent covering the oral contraceptive Yasmin (see our previous report at: http://www.shelstonip.com/news/30m-for-infringement-of-bayers-australian-yasmin-patent-a-small-jurisdiction-with-big-benefits/). This damages award exceeded the amount of $19,891,858 which Bayer offered to accept in