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0.0158102766798418 0.0158102766798418 0.0158102766798418 0 -0.00830039525691703 -0.00671936758893273 0.00316205533596845 0.000790513833992078
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Ironwood and Allergan Announce Settlement with Teva Resolving LINZESS® (linaclotide) Patent Litigation

Ironwood Pharmaceuticals, Inc. - Class A (IRWD) 
Last ironwood pharmaceuticals, inc. - class a earnings: 2/13 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.ironwoodpharma.com
Company Research Source: Business Wire
– Settlement with Teva represents final outstanding LINZESS patent litigation –– The earliest licensed entry of any generic linaclotide 145 mcg or 290 mcg in the U.S. is March 2029 – BOSTON & DUBLIN--(BUSINESS WIRE)--Ironwood Pharmaceuticals, Inc. (NASDAQ: IRWD) and Allergan plc (NYSE: AGN) announced today that the companies have reached an agreement with Teva Pharmaceuticals, USA (Teva) resolving patent litigation brought in response to Teva’s abbreviated new drug application (ANDA) seeking approval to market generic versions of 145 mcg and 290 mcg LINZESS (linaclotide) prior to the expiration of the companies’ applicable patents. This settlement with Teva is the last of the remaining defendants in this patent infringement litigation with respect to LINZESS. This settlement does not grant any license to Teva with regard to its 72 mcg generic version of LINZESS.Pursuant to the terms of the settlement, Ironwood and Allergan will grant Teva a license to market its 145 mcg and 290 mcg Show less Read more
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