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  Business   Companies  07 Mar 2017  Cadila and Supernus Pharma to settle patent litigation

Cadila and Supernus Pharma to settle patent litigation

PTI
Published : Mar 7, 2017, 2:28 pm IST
Updated : Mar 7, 2017, 2:31 pm IST

The pact is regarding Trokendi XR extended-release capsules, used for treatment of seizures.

Both companies, however, did not disclose the other terms of the settlement.
 Both companies, however, did not disclose the other terms of the settlement.

New Delhi: Cadila Healthcare today said that it has finalised a pact with Supernus Pharmaceuticals to settle patent litigation regarding Trokendi XR extended-release capsules, used for treatment of seizures.

Cadila Healthcare, along with subsidiary Zydus Pharmaceuticals (USA) Inc, have finalised an agreement with Supernus Pharmaceuticals Inc to settle all outstanding patent litigation related to Trokendi XR (topiramate) extended-release capsules, Cadila Healthcare said in a BSE filing.

Under the terms of the pact, Supernus grants a license to market Zydus' generic version of Trokendi XR (topiramate) extended-release capsules beginning on January 1, 2023, or earlier, under certain circumstances, it added.

Both companies, however, did not disclose the other terms of the settlement. The drug is used for treatment of certain types of seizures. Shares of Cadila Healthcare were today trading at Rs 441, per scrip in afternoon trade on BSE, up 0.56 per cent from its previous close.

Tags: cadila healthcare, supernus pharmaceuticals, patent litigation
Location: India, Delhi, New Delhi