other material
confidence high
sentiment neutral
materiality 0.75
Neurocrine settles Lupin patent litigation; generic INGREZZA entry set for March 1, 2038
NEUROCRINE BIOSCIENCES INC
- Settled with Lupin Limited and Lupin Pharmaceuticals; Lupin may sell generic INGREZZA starting March 1, 2038, or earlier under certain circumstances.
- Prior settlements with Sandoz/Crystal and Teva also allow generic entry on March 1, 2038, subject to earlier launch conditions.
- Remaining patent litigation against another ANDA filer is ongoing with trial scheduled for January 2, 2024.
- Agreement will be submitted to FTC and DOJ as required by law.