Supernus' Trokendi XR deal delays Zydus generic to 2023
Indian drugmaker Zydus Cadila has announced that it has finalized an agreement with the USA’s Supernus Pharmaceuticals (Nasdaq: SUPN) to settle all outstanding patent litigation related to Trokendi XR (topiramate) extended-release capsules.
Under the agreement, Supernus grants Zydus a licence to market a generic version of the capsules from January 1, 2023, or earlier under certain circumstances. Other terms of the settlement were not disclosed.
This is six years earlier than the expiration date of Supernus’ Trokendi XR patents, according to the company’s earlier litigation. On Tuesday, when the settlement was announced, the company's share price was down by 6.1% after 30 minutes of trading, at $27.92.
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