other_material
confidence high
sentiment positive
materiality 0.70
Theravance settles YUPELRI patent litigation with Cipla; generic launch date April 23, 2039
Theravance Biopharma, Inc.
- Settlement resolves Hatch-Waxman patent litigation on YUPELRI (revefenacin) inhalation solution.
- Cipla granted royalty-free license to market generic version in U.S. on or after April 23, 2039.
- Settlement subject to review by U.S. DOJ and FTC as required by law.
- Patent litigation remains pending against Mankind Pharma Ltd. and affiliates (another ANDA filer).
item 8.01