Dr. Reddy’s settles dispute with Indivior, to obtain $72m

As a part of the settlement, the underlying litigation can be dismissed, the Hyderabad-headquartered drugmaker mentioned.

As a part of the settlement, the underlying litigation can be dismissed, the Hyderabad-headquartered drugmaker mentioned.

Pharma main Dr. Reddy’s Laboratories has entered into settlement settlement with British drugmaker Indivior resolving patent litigation referring to latter’s opioid dependence remedy drug Suboxone.

The corporate has entered right into a settlement settlement with Indivior Inc, Indivior UK Restricted and Aquestive Therapeutics Inc following which it’ll obtain funds totalling $72 million by March 31, 2024, Dr. Reddy’s mentioned on Friday.

The settlement resolves all claims between the events referring to Dr. Reddy’s generic buprenorphine and naloxone sublingual movie, 2 mg/0.5 mg, 4 mg/1 mg, 8 mg/2 mg, and 12 mg/3 mg dosages; Indivior’s and Aquestive’s patent infringement allegations and the corporate’s antitrust counterclaims.

As a part of the settlement, the underlying litigation can be dismissed, the Hyderabad-headquartered drugmaker mentioned.

By- The Hindu

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