So, let's do some maffs, The courts have held t
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Posted On: 12/19/2018 2:40:10 PM
Re: weaver_525 #6095
So, let's do some maffs,
The courts have held that cases such as ours can ''look back'' six years in infringement matters, and while J&J's OneTouch family is not as popular in the market as it once was, there was not a year from 2010 through February 2017 (the ''look-back'' years) where J&J's Lifescan divisions did not earn less than an estimated $1.2 billion in annual revenues, or an estimated $300 million in annual profits.''
Mr. Berman concluded, ''Cases such as ours, where the technology rights held our companies are directly related to the method J&J took and used to determine glucose, the single purpose of this offending product, often create ill-gained profit damage awards that have been at the low end of 5% and the high end of 20% of profit. And in some similar cases, awards have resulted in a royalty penalty (revenue damage model) of up to 10% of revenues in the 6-year look-back period.''
$300M * 6 * 0.05 = $90M on the low end and
$90M * 4 + 0.1 * $1,200M * 6 = $1,080M on the high end.
Personally, I vote for the high end.
Go get 'em, KB.
The courts have held that cases such as ours can ''look back'' six years in infringement matters, and while J&J's OneTouch family is not as popular in the market as it once was, there was not a year from 2010 through February 2017 (the ''look-back'' years) where J&J's Lifescan divisions did not earn less than an estimated $1.2 billion in annual revenues, or an estimated $300 million in annual profits.''
Mr. Berman concluded, ''Cases such as ours, where the technology rights held our companies are directly related to the method J&J took and used to determine glucose, the single purpose of this offending product, often create ill-gained profit damage awards that have been at the low end of 5% and the high end of 20% of profit. And in some similar cases, awards have resulted in a royalty penalty (revenue damage model) of up to 10% of revenues in the 6-year look-back period.''
$300M * 6 * 0.05 = $90M on the low end and
$90M * 4 + 0.1 * $1,200M * 6 = $1,080M on the high end.
Personally, I vote for the high end.
Go get 'em, KB.
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