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Stock impact report

Bausch Health Announces Updates Related to Norwich XIFAXAN Matters [Yahoo! Finance]

Bausch Health Companies Inc. (BHC) 
Last bausch health companies inc. earnings: 2/19 06:59 am Check Earnings Report
Company Research Source: Yahoo! Finance
announced certain updates related to its litigation with Norwich Pharmaceuticals, Inc. With respect to the April 11, 2024, decision of the US Court of Appeals for the Federal Circuit, both Bausch Health and Norwich have filed petitions for panel rehearing or rehearing en banc . The Company anticipates a decision on whether a rehearing will be granted within the next three months. The Company has also received notice of a new Paragraph IV certification (the "Notice"), dated May 10, 2024, from Norwich advising that it has submitted to the U.S. Food and Drug Administration (FDA) an amendment to an Abbreviated New Drug Application (ANDA) requesting approval to market a generic version of XIFAXAN ® (rifaximin) 550 mg tablets for the treatment of irritable bowel syndrome with diarrhea in adults. Bausch Health is reviewing the Notice and has 45 days from receipt of the Notice to commence a patent infringement lawsuit against Norwich. Bausch Health understands that such a lawsuit would Show less Read more
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