litigation
confidence high
sentiment neutral
materiality 0.50
Aurinia settles patent dispute with Sun Pharma, ends IPR and litigation
Aurinia Pharmaceuticals Inc.
- Joint motion to terminate IPR on Aurinia's U.S. Patent No. 10,286,036 filed.
- Parties agree to dismiss all claims and counterclaims in patent litigation over Sun's CEQUA product.
- Settlement conditional on USPTO approval of IPR termination.
- No financial terms disclosed; both parties cease future actions.