litigation
confidence high
sentiment neutral
materiality 0.60
Theravance settles YUPELRI patent litigation with Accord; generic entry allowed no earlier than April 23, 2039
Theravance Biopharma, Inc.
- Settlement Agreement with Accord resolves Hatch-Waxman litigation over YUPELRI inhalation solution.
- Accord granted royalty-free license to market generic YUPELRI on or after April 23, 2039, subject to customary exceptions.
- Settlement subject to review by U.S. Department of Justice and Federal Trade Commission.
- Patent litigation continues against five other ANDA filers: Cipla, Eugia, Lupin, Mankind, and Orbicular.