other material
confidence high
sentiment positive
materiality 0.75
Theravance settles YUPELRI patent litigation with Teva; generic launch delayed to April 2039
Theravance Biopharma, Inc.
- Settlement with Teva resolves ANDA litigation; Teva gets license to launch generic on or after April 23, 2039.
- License is royalty-free, non-exclusive, non-sublicensable; subject to DOJ/FTC review and customary exceptions.
- Litigation against six other ANDA filers (Accord, Cipla, Eugia, Lupin, Mankind, Orbicular) remains pending.