US biotech company BioMarin Pharmaceuticals (Nasdaq: BMRN) and Indian pharma company Dr Reddy’s Laboratories (NYSE: RDY) have settled their patent litigation over Kuvan (sapropterin) tablets.
BioMarin will allow Dr Reddy’s to market a generic version of Kuvan, a treatment for phenylketonuria, in the USA at some time in the future. Dr Reddy’s will be granted a non-exclusive license to patents related to Kuvan with its generic set to launch "beginning at a confidential date in the future, but which is more than five years from today, or earlier under certain circumstances."
Kuvan was approved in 2007 by the US Food and Drug Administration for patients with phenylketonuria, and was developed in partnership between BioMarin and Merck Serono.
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