litigation
confidence high
sentiment positive
materiality 0.75
Neurocrine settles INGREZZA patent litigation; generic entry delayed to 2040
NEUROCRINE BIOSCIENCES INC
- Settlement with Sandoz and Crystal grants generic INGREZZA license starting Feb 1, 2040, or earlier under certain conditions.
- Patent litigation resolved for one ANDA filer; two other ANDA challenges remain pending with trial set for Jan 2, 2024.
- Agreement to be submitted to FTC and DOJ as required by law.
- INGREZZA is Neurocrine's drug for tardive dyskinesia and Huntington's chorea.