Mixed litigation news for Avadel
Ireland-headquartered Avadel Pharmaceuticals (Nasdaq: AVDL)has updated on litigation with USA-based Jazz Pharmaceuticals (Nasdaq: JAZZ).
Avadel revealed in a Securities and Exchange Commission (SEC) filing that, on August 27, 2024, the US District Court for the District of Delaware issued a decision denying a request by Jazz Pharmaceuticals for a permanent injunction to enjoin its Avadel CNS Pharmaceuticals subsidiary from making, using, selling, offering to sell and/or importing Lumryz for its US Food and Drug Administration (FDA)-approved indication for the treatment of cataplexy or excessive daytime sleepiness in adults with narcolepsy.
Avadel said it is pleased with the Court’s decision allowing the commercial launch of Lumryz in narcolepsy to proceed without interruption.
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