Momenta Pharmaceuticals Announces Settlement Agreement with Amphastar Resolving Enoxaparin Sodium Injection Litigation
MOMENTA PHARMACEUTICALS (MNTA)
Last momenta pharmaceuticals earnings: 2/26 07:00 am
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US:NASDAQ Investor Relations:
ir.momentapharma.com/investor-relations
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Source: GlobeNewswire
CAMBRIDGE, Mass., June 19, 2019 (GLOBE NEWSWIRE) -- Momenta Pharmaceuticals, Inc. (Nasdaq: MNTA), a biotechnology company focused on discovering and developing novel biologic therapeutics to treat rare immune-mediated diseases, today announced that Momenta, Sandoz AG and Amphastar Pharmaceuticals (the “parties”) have executed a mutually agreeable settlement agreement resolving all pending litigation between the parties related to enoxaparin sodium injection. “We are very pleased to have reached a comprehensive resolution with Amphastar resolving all of our outstanding litigation,” said Craig Wheeler, President and Chief Executive Officer of Momenta Pharmaceuticals. “This agreement eliminates the burden of ongoing legal costs and allows us to focus on the operational execution of our business, as we advance our novel portfolio of immune-mediated therapeutics.” Under terms of the settlement, the parties jointly requested the U.S. District Court for the District of Massachusetts
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