litigation
confidence high
sentiment negative
materiality 0.75
UroGen receives Teva Paragraph IV notice challenging two Jelmyto patents expiring 2031
UroGen Pharma Ltd.
- Teva filed ANDA seeking FDA approval for a generic version of Jelmyto (mitomycin) for pyelocaliceal solution.
- Teva alleges U.S. Patent Nos. 9,040,074 and 9,950,069 (expire January 2031) are invalid, unenforceable, or not infringed.
- CEO Liz Barrett states UroGen is prepared and confident in the strength and breadth of its patent portfolio.
- This is the first Paragraph IV challenge to Jelmyto; litigation under the Hatch-Waxman Act expected.