A federal appeals court earlier today overturned a ruling by a lower court which held that patents obtained by Santarus (SNTS) for a stomach acid treatment were all invalid. Ruling on the validity of an attempt by Par Pharmaceuticals (PRX) to market a generic version of Santarus' gastric acid treatment Zegerid, the district court found that Santarus' patents were invalid because they were based on obvious ideas. However, the appeals court found that parts of two of Santarus' patents were not based on obvious concepts, and it ordered the lower court to reconsider its verdict based on its findings. In early afternoon trading, Santarus rose 3.4% to $6.39 before being halted, while Par added 0.16% to $49.88.
Recommended for You
The Department of Justice announced $60 million in settlement payments to members of the U.S. military who were charged excessive interest on student loans.Credit.com
- Canyon NewsSponsored
Jason Statham has never been one to hold back when it comes to spending his money. His latest purchase though is out of this world.
By Bernie Woodall KANSAS CITY, Kansas (Reuters) - For United Auto Workers union members Jermaine and Akema Austin, a two-tier wage system at General Motors Co is not just business, it's personal. GM has two classes of UAW workers – long-time "first-tier" employees, who earn about $28 an hour, and…Reuters
ST. PETERSBURG, Russia (AP) — A former "Kremlin troll" says she is suing her old employer to shut down what she describes as a "factory" churning out Internet propaganda defending Russian President Vladimir Putin.Associated Press
June 2 -- Relations between Russian President Vladimir Putin and his U.S. counterpart Barack Obama are very pragmatic and there’s a “need for normalcy” between the two countries, Foreign Minister Sergei Lavrov told Bloomberg TV. However, he also said the U.S.’s “obsession” with Assad’s personality…Bloomberg Video
Greek Prime Minister Alexis Tsipras says he has issued a "a realistic proposal" to its international creditors in an attempt to secure a deal over its debts.BBC News
This new site makes it easy for anyone to search through someone's Past online. Simply type in a name and select a state to start learning the Truth!
NFL Hall of Fame quarterback Troy Aikman has sold his Dallas-area home for $5.4 million.Los Angeles Times
Universal Studios Hollywood may have an advantage on its theme park competitors next year when it unveils a new 3D, flight-simulating ride based on the hugely popular books and films about the Wizarding ...Los Angeles Times
The top executive heads just keep rolling as Cisco prepares to have its first new CEO in 20...Business Insider
WASHINGTON (AP) — Al and Saundra Karp have found an unconventional way to raise money and help save their Miami-area home from foreclosure: They're lining up gigs for their family jazz band.Associated Press
A study of 233 self-made millionaires revealed a pattern of wealth-building habits. Here are five habits of the rich that you can adopt, too.Credit.com
Some of the best retirement tips I've heard and written about over the last 2½ years.USA TODAY
Undercover investigators were able to smuggle weapons, fake explosives and other contraband through numerous checkpoints, reports NBC's Tom Costello.CNBC Videos
You're going to like the way you appFortune
Americans will face falling home prices in a matter of years as personal income gains fail to keep pace with the recovery from the financial crisis, according to a Bank of America Corp. analyst. Chris Flanagan predicted in a report Monday that starting in 2017 the U.S. housing market will…Bloomberg
Outback and Legacy get new emergency communications systemsUSA TODAY
Six Nigerian central bankers were charged with fraud in an 8 billion naira ($40.2 million) currency scam, according to the country’s Economic and Financial Crimes Commission. Sixteen commercial bankers were also charged with conspiring with the Central Bank of Nigeria regional executives in a “mega…Bloomberg
24/7 Wall St. has taken a look at a few of the major ASCO winners so far. Color and background information has also been added on each, as well as how shares have been moving and the consensus price targets....24/7 Wall St.
McDonald's grill cook Douglas Hunter is literally the poster child for a $15 minimum wage: The Chicago man's picture and story are featured in the "Fight for $15" national campaign.Los Angeles Times