Ireland-incorporated Allergan (NYSE: AGN) and its partner Adamas Pharmaceuticals (Nasdaq: ADMS) have come to a settlement with privately-held US generics drugmaker Amneal Pharmaceuticals over a copy of Alzheimer’s disease drug Namzaric (memantine and donepezil hydrochloride).
The settlement relates to a patent infringement litigation brought by the Allergan subsidiary Forest Laboratories and Adamas, a US-based central nervous system (CNS) disorders specialist, in response to Amneal's Abbreviated New Drug Application (ANDA) seeking approval to market generic versions of Allergan's Namzaric.
This drug is a once-daily, fixed-dose combination of memantine hydrochloride, a NMDA receptor antagonist, and donepezil hydrochloride, an acetylcholinesterase inhibitor indicated for the treatment of moderate to severe dementia of the Alzheimer's type in patients stabilized on 10 mg of donepezil hydrochloride once daily.
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