litigation
confidence high
sentiment positive
materiality 0.75
Catalyst settles Lupin patent litigation; generic FIRDAPSE launch no earlier than Feb 2035
CATALYST PHARMACEUTICALS, INC.
- Lupin granted license to market generic FIRDAPSE beginning February 25, 2035, if FDA-approved.
- All ongoing patent litigation between Catalyst/SERB and Lupin in New Jersey terminated.
- Prior settlements with Teva and Inventia for FIRDAPSE generics already in place.
- Pending patent litigation against Hetero for FIRDAPSE's Orange Book-listed patents continues.
- Settlement will be submitted to FTC and DOJ for review as required.