other material
confidence high
sentiment positive
materiality 0.60
Neurocrine settles INGREZZA patent litigation with Teva; generic entry allowed Feb 2040
NEUROCRINE BIOSCIENCES INC
- Settlement grants Teva right to sell generic INGREZZA in the U.S. starting February 1, 2040, or earlier under certain conditions.
- Agreement resolves ANDA patent litigation filed in District of Delaware; terms to be submitted to FTC and DOJ.
- Patent litigation against three other ANDA filers for generic INGREZZA remains pending, trial scheduled for January 2, 2024.