other_material
confidence high
sentiment positive
materiality 0.75
Axsome settles SUNOSI patent litigation with Hetero; generic entry delayed until 2040
Axsome Therapeutics, Inc.
- Settlement resolves patent litigation with Hetero over generic version of SUNOSI (solriamfetol).
- Hetero licensed to sell generic SUNOSI on or after Sept 1, 2040 (if pediatric exclusivity) or March 1, 2040.
- Settlement agreement subject to review by FTC and DOJ.
- Similar patent litigation against other SUNOSI generic applicants remains pending in New Jersey court.
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