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Pfizer loses its Lyrica drug patent fight in UK Supreme Court

Wednesday, November 14, 2018, 8:15 PM

Pfizer lost the final round in a long-running patent battle in Britain after the country's highest-court ruled against it in a case involving its $5 billion-a-year pain drug Lyrica. The SC decision is a blow for the U.S. drugmaker which had sought to affirm a secondary medical use patent for the product and win for generic drug companies Actavis, now renamed Allergan, and Mylan.
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Nike hires former Coca-Cola executive as Jordan Brand president

Wednesday, November 14, 2018, 8:13 PM

Nike named former Coca-Cola executive Craig Williams as president of its sports shoes unit Jordan Brand. Williams, who will take charge on Jan. 14, most recently headed the world's biggest beverage maker's partnership with fast-food chain McDonald's. He will replace Larry Miller who will become the chairman of the newly created Jordan Brand advisory board, Nike said.
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Kevin Systrom: Social media needs to be policed

Wednesday, November 14, 2018, 8:12 PM

Instagram co-founder and former CEO Kevin Systrom said it is important for the future of world that social-media companies be policed well and seriously address the issues of misinformation and harassment on their services. Systrom said Russian meddling in U.S. elections and exploitation of Facebook user data by Cambridge Analytica have highlighted just how big social-media companies have become and implications of their reach.

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