Teva lawsuit over generics of Lilly's Forteo brought back by appeals court

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A federal appeals court on Monday revived a lawsuit brought by Teva Pharmaceutical Industries ( TEVA ) against Eli Lilly ( LLY ) over an agreement that allowed the former to market a generic version of the latter's osteoporosis drug Forteo (teriparatide).

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TEVA is facing a retrial over a contract with Eli Lilly regarding genericization of a product.

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The retrial is related to the contract that allowed TEVA to sell a generic version of Eli Lilly's strong product Forteo.

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