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    The decision has big implications for users of erectile dysfunction drugs and the pharmaceutical industry because it allows companies to create generic versions that are usually cheaper for consumers.
    Teva pledged Thursday to sell its new generic version of the drug at a "significantly lower" cost than Viagra.
    Canadian consumers will be saving money on it.

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    Pfizer said it was disappointed with the ruling.
    Pfizer expects to face generic competition in Canada shortly," the company said in a statement issued by its New York office.
    Pfizer will continue to vigorously defend against challenges to its intellectual property.
    The case also has broad commercial implications for patent law.
    The Patent Act gives a company a 16-year monopoly on a product if it can prove it is a new invention.
    In return, the company must show publicly in its application how it created its product, so others can copy it later.
    Pfizer gained a benefit from the act — exclusive monopoly rights — while withholding disclosure in spite of its disclosure obligations under the act," Justice Louis LeBel wrote on behalf of the court.
    This, in my view, is the key issue in this appeal.
    Pfizer had the information needed to disclose the useful compound and chose not to release it.
    Pfizer obtained the patent in 1998 after applying four years earlier.

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