Indivior gets favorable ruling on Suboxone Film patent
UK based Indivior (LSE: INDV) on Friday received a favorable ruling in the District Court of Delaware in the ANDA litigation against Actavis Laboratories (now an Allergan [NYSE: AGN] company) and Par Pharmaceutical (part of the Endo International group) relating to Suboxone (buprenorphine and naloxone) its treatment for opioid addiction.
Shares in Indivior, which was spun out from, Reckitt Benckiser in 2014, were up 36% at 235.1 pence Friday afternoon, having risen to as high as 247.9 pence.
The ruling confirms Indivior’s belief in the validity and enforceability of its Suboxone Film patent portfolio and provides the business with substantially greater certainty about the nearer-term outlook.
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