other material
confidence high
sentiment positive
materiality 0.80
Theravance Biopharma settles YUPELRI patent litigation; Qilu generic entry delayed until April 2039
Theravance Biopharma, Inc.
- Settlement resolves Hatch-Waxman patent litigation over YUPELRI (revefenacin) with Qilu.
- Qilu granted royalty-free license to market generic revfenacin on or after April 23, 2039.
- Settlement subject to review by U.S. DOJ and FTC as required by law.
- Patent litigation against three other ANDA filers (Cipla, Eugia, Mankind) remains pending.