litigation
confidence high
sentiment positive
materiality 0.80
Catalyst settles FIRDAPSE patent suit with Lupin; generic entry delayed to Feb 2035
CATALYST PHARMACEUTICALS, INC.
- Lupin receives license to market generic FIRDAPSE no earlier than February 25, 2035, if FDA-approved.
- All pending patent litigation between Catalyst/SERB and Lupin will be terminated.
- Previous settlements reached with Teva Pharmaceuticals and Inventia Healthcare Limited.
- Ongoing FIRDAPSE patent litigation against Hetero remains active.
- Confidential settlement agreement to be submitted to FTC and DOJ for review.