No, my friend and colleague is mistaken. The present law says that a generic competitor may come onto the marketplace, even though the court has not resolved the issue of whether they have made substantial investment. If, hypothetically, after the generic competitor has entered the marketplace and competed with the patent holder, it is then determined by the court that a substantial investment has not been made, then the court imposes damages upon the generic competitor to render the patent holder whole.
William Pryor: “No, my friend and colleague is mistaken. The present law says that a generic competitor may come onto the marketplace…”
Editor's note · Context
Discussing the implications of current law on generic competitors in the pharmaceutical market.
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