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ARTICLE · 09 MARCH 2016

Kyle Bass' Another Three IPRs: Targeting Anacor

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
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Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

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Kyle Bass continues to make waves throughout the pharmaceutical industry. Since Bass founded Coalition for Affordable Drugs X LLC to challenge pharmaceutical patents, CFAD has filed over three dozen petitions as of this date.

United StatesIntellectual Property

Kyle Bass continues to make waves throughout the pharmaceutical industry. Since Bass founded Coalition for Affordable Drugs X LLC ("CFAD") to challenge pharmaceutical patents, CFAD has filed over three dozen petitions as of this date with the Patent Trial and Appeal Board ( "PTAB") of the U.S. Patent and Trademark Office ( "Office") seeking to institute inter partes review ("IPR") proceedings to invalidate a number of pharmaceutical patents.

On August 20, 2015, CFAD filed three separate petitions against Anacor Pharmaceuticals, Inc.'s Orange Book-listed U.S. Patent Nos. 7,582,621 (the "'621 Patent") and 7,767,657 (the "'657 Patent"), — a continuation-in-part of the '621 Patent — covering Anacor's first approved drug, KERYDIN® (tavaborole), an oxaborole antifungal topical solution approved by the U.S. Food and Drug Administration in July 2014 for the topical treatment of onychomycosis of the toenails. On February 23, 2016, the PTAB entered decisions to institute all

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