regulatory
confidence high
sentiment negative
materiality 0.75
ARS Pharma receives Paragraph IV notice from Lupin for generic neffy; intends to sue
ARS Pharmaceuticals, Inc.
- Lupin filed ANDA for generic version of neffy (epinephrine nasal spray) before expiration of 8 Orange Book-listed patents.
- Notice alleges patents are invalid, unenforceable, or not infringed; ARS plans to file patent infringement suit within 45 days.
- Filing suit within 45 days triggers automatic 30-month FDA approval stay; company vows to vigorously defend IP.
- As of filing, no other ANDA filers known; neffy is ARS's sole marketed product.
item 8.01