MoneyWorks4Me

Dr. Reddy’s, Vivus settle long-pending patent litigation for Qsymia

01 Sep 2017 Evaluate

Dr. Reddy’s Laboratories and Nasdaq-listed Vivus Inc. have entered into settlement agreement to resolve a long-pending patent litigation related to weight management capsule Qsymia.

The settlement permits the Hyderabad-based drugmaker to begin selling a generic version of Qsymia from June 2025, or earlier under certain circumstances. In the event of an early launch, Vivus will receive a royalty on sales of the generic version of the drug.

Dr. Reddy’s Laboratories is a multinational pharmaceutical company based in Hyderabad, Telangana in India. It manufactures and markets a wide range of pharmaceuticals in India and overseas.



Peers
Company Name CMP
Sun Pharma. Inds. 1784.00
Dr. Reddys Labs. 1197.50
Cipla 1330.25
Lupin 2007.80
Zydus Lifesciences 1153.20
View more..