Indivior loses appeal to block generic Suboxone opioid treatments [Reuters]
INDIVIOR PLC S/ADR (INVVY)
NASDAQ:AMEX Investor Relations:
indivior.com/investors/investor-information
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Source: Reuters
Indivior loses appeal to block generic Suboxone opioid treatments (Reuters) - A divided federal appeals court on Friday ruled against Indivior Plc in its bid to stop Dr. Reddy’s Laboratories Ltd and Alvogen from selling generic versions of its opioid addiction treatment Suboxone film that infringed its patents. The U.S. Federal Circuit Court of Appeals in Washington, which oversees many intellectual property cases, upheld lower court rulings that Dr. Reddy’s did not infringe two Indivior patents related to Suboxone, and Alvogen did not infringe one of those patents. Suboxone film is applied below a patient’s tongue, where it dissolves to release two active ingredients, buprenorphine and naloxone. It had accounted for about 80 percent of Indivior’s revenue, but the London-based company forecast declines after the U.S. Supreme Court in February allowed sales of generic equivalents, including by India-based Dr. Reddy’s. Circuit Judge Alan Lourie wrote for a 2-1 majority that while Indivi
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