litigation
confidence high
sentiment positive
materiality 0.75
Axsome settles Sunosi patent litigation with Hikma; generic entry deferred to 2040
Axsome Therapeutics, Inc.
- Settlement with Hikma resolves patent litigation over Sunosi (solriamfetol) generic.
- License for Hikma's generic Sunosi begins Sept 1, 2040 (with pediatric exclusivity) or March 1, 2040 (without).
- Agreement subject to FTC/DOJ review; other patent litigation against other parties remains pending.
- Axsome retains exclusive Sunosi rights until at least 2040, protecting key product revenue.