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Dr Reddy's, Intercept Pharmaceuticals enter into settlement agreement

19 Aug 2022 Evaluate

Dr Reddy's Laboratories and Intercept Pharmaceuticals Inc have entered into a settlement agreement, resolving the previously disclosed patent litigation to market a generic version of Ocaliva (obeticholic acid) 5 mg and 10 mg tablets in the USA. Ocaliva is used to treat a rare, chronic liver disease known as primary biliary cholangitis (PBC).

Under the terms of the agreement, Intercept granted Dr. Reddy’s a non-exclusive, non-sublicensable, non-transferable, royalty-free licence to commercialise its generic version of Ocaliva in the United States commencing on October 26, 2035, or earlier under certain circumstances.

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.

Dr. Reddys Labs. Share Price

1405.75 55.75 (4.13%)
29-Jun-2026 11:06 View Price Chart
Peers
Company Name CMP
Sun Pharma. Inds. 1889.10
Dr. Reddys Labs. 1405.75
Cipla 1482.50
Zydus Lifesciences 1122.40
Lupin 2396.00
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