litigation
confidence high
sentiment negative
materiality 0.75
Alkermes sues Teva, Apotex, MSN over LYBALVI patents; enters VIVITROL AG deal with Amneal
Alkermes plc.
- Filed patent lawsuits against Teva (8/15), Apotex (8/27), MSN (9/5) over generic LYBALVI; 30-month FDA stays triggered.
- LYBALVI patents expiring 2032-2041; lawsuit amended 8/20 to include additional patent.
- Entered authorized generic supply agreement with Amneal for VIVITROL, effective upon third-party ANDA launch.
- Amneal may distribute AG VIVITROL for one year, supply limited to ~15% of 2024 unit sales; profit sharing.
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