litigation
confidence high
sentiment positive
materiality 0.70
Aurinia settles Teva patent litigation; generic voclosporin launch no earlier than Dec 7, 2036
Aurinia Pharmaceuticals Inc.
- Settlement with Teva resolves generic patent litigation over Teva's ANDA for 7.9 mg voclosporin oral capsules.
- Teva stipulates U.S. Patent Nos. 10,286,036 and 11,622,991 valid, enforceable, and infringed; patents expire December 2037.
- Teva may launch generic voclosporin no earlier than Dec 7, 2036, subject to FDA approval and certain defined contingencies.
- Aurinia's patent actions continue against DifGen, Dr. Reddy's, Galenicum, Hikma, Lotus, Sandoz, and Zydus in District of New Jersey.
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