litigation
confidence high
sentiment positive
materiality 0.70
Theravance settles YUPELRI patent litigation with Lupin; generic launch delayed to April 23, 2039
Theravance Biopharma, Inc.
- Settlement grants Lupin a royalty-free, non-exclusive license to market generic revefenacin starting April 23, 2039.
- The settlement resolves ongoing Hatch-Waxman litigation based on Lupin's ANDA for YUPELRI.
- Patent litigation continues against three other ANDA filers: Cipla, Eugia Pharma, and Mankind Pharma.
- Settlement is subject to review by the U.S. Department of Justice and the Federal Trade Commission.