litigation
confidence high
sentiment positive
materiality 0.75
Federal Circuit upholds CorMedix's MINOCIN patents; Nexus generic barred from market
CorMedix Inc.
- Federal Circuit affirmed district court: Nexus generic minocycline infringes two CorMedix patents, invalidity rejected.
- Permanent injunction upheld barring Nexus from marketing generic before patent expiration.
- Patents are FDA Orange Book listed covering MINOCIN for Injection, used for serious infections.
- CEO Joseph Todisco: ruling validates strength of MINOCIN IP portfolio and protects innovation.