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Biogen's Tecfidera Safe Following IPR Decision – For Now

 
• By Jessica Merrill

Tecfidera accounts for nearly one-third of Biogen's revenues, so the patent decision relieves one overhang for the company. However, other ANDA challenges are ongoing.

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Biogen avoided a generic Tecfidera challenge • Source: Shutterstock

The US Patent and Trademark Office's Patent Trial and Appeal Board (PTAB) has ruled in favor of Biogen Inc. in an important inter partes review (IPR) challenge by Mylan NV related to the multiple sclerosis pill Tecfidera (dimethyl fumarate), putting Biogen on more solid financial footing in 2020.

The company's stock price jumped 17% to close the day at $332.87.

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