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Abbott Laboratories Granted Teva Rights To TriCor As Soon As 2011 (NYSE:ABT,NASDAQ:TEVA) - 11/30/2009 2:54:24 PM

11/30/2009 - Abbott Laboratories (NYSE:ABT) and Laboratories Fournier SA granted intellectual property rights for TriCor to Teva Pharmaceutical Laboratories Ltd. (NASDAQ:TEVA), according to an AP report, which cited a SEC filing. Teva has intellectual property rights to 145-milligram Tricor no sooner than March 28, 2011. Abbott announced settlements totaling about $184 million for a federal court case last year involving class action claims over TriCor over allegations that the company sought to block competition for cheaper, generic versions of the drug. Teva had been a plaintiff in the case.


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