other material
confidence high
sentiment positive
materiality 0.65
Axsome settles Sunosi patent litigation with Unichem; generic entry June 30, 2042
Axsome Therapeutics, Inc.
- Settlement resolves Hatch-Waxman litigation over Sunosi (solriamfetol) following Unichem's ANDA.
- Unichem may begin selling generic Sunosi on June 30, 2042, subject to pediatric exclusivity extension.
- Agreement subject to FTC and DOJ review; other Sunosi patent cases remain pending in New Jersey.
- Axsome maintains Sunosi exclusivity until at least 2042 unless earlier triggering events occur.