Lilly loses arbitration over Canadian patents

Zyprexa

Source: © Bloomberg / Contributor

Firm had sought recompense under the Nafta trade agreement

Eli Lilly has lost the North American Free Trade Agreement (Nafta) arbitration tribunal it had brought against the Canadian government. Canadian courts had invalidated its patents on atomexetine (Strattera) and olanzapine (Zyprexa), and the company was claiming C$500 million (£300 million) in damages from the country, representing its lost profits