Shield defends patents against action from Teva

19 October 2020

UK-based Shield Therapeutics (LSE: STX) has provided an update on an ongoing patent dispute with Israeli generics giant Teva Pharmaceutical (TASE: TEVA).

Shield is a commercial stage pharmaceutical company with a focus on addressing iron deficiency.

The firm’s lead product is Feraccru/Accrufer (ferric maltol), which is forecast by some analysts to have the potential for peak sales of around $750 million globally.

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