When F. Hoffmann-La Roche sought to strip Gilead of its rights to a blockbuster drug, Gilead turned to Cooley. At stake were Gilead's exclusive rights to sofosbuvir (Sovaldi), approved by the FDA in 2013 as a breakthrough drug for the treatment of hepatitis C. Within the first six months of going to market, Sovaldi earned nearly $6 billion in sales, making it one of the most successful drug launches in history.
Roche alleged exclusive rights based on an earlier collaboration agreement. Cooley presented this "bet the company" case before a panel of three arbitrators during a two-week arbitration hearing. In August 2014, the arbitration panel issued its award, ruling in favor of Gilead and finding that Roche failed to establish any of its contract or patent-based claims to sofosbuvir. This was a huge win for Gilead, with Sovaldi generating billions of dollars in revenue each year.
The Financial Times, The American Lawyer and its sister publications The Recorder and National Law Journal all profiled the victory when announcing Cooley as the winner of multiple litigation awards, including AmLaw's recent selection of the case as "Global Dispute of the Year: Commercial Arbitration."