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0.000105870520353662 0.000211741040707323 0.000158805780530417 0.000211741040707323 -0.000476417341591102 -0.000476417341591102 -0.000476417341591102 -0.000476417341591102
Stock impact report

Intra-Cellular files lawsuits challenging Caplyta generics [Seeking Alpha]

Novartis AG (NVS) 
Last novartis ag earnings: 4/28 01:00 am Check Earnings Report
US:NYSE Investor Relations: novartis.com/investors
Company Research Source: Seeking Alpha
lawsuits against companies seeking approval for generics targeted at its lead product Caplyta. In an SEC filing late Monday, Intra-Cellular ( ITCI ) said that, it sued seven such manufacturers including Dr. Reddy's Laboratories ( RDY ), Novartis's ( NVS OTCPK:NVSEF ) generic spinoff, Sandoz ( OTCQX:SDZNY OTCQX:SDZXF ) in the final week of March. The lawsuits filed in a New Jersey federal court seek a stay order against a potential FDA approval of the companies' abbreviated new drug applications filed for Caplyta generics. A treatment indicated for schizophrenia and bipolar depression in the U.S., Caplyta, being its only product, added $462.2M in net sales for Intra-Cellular ( ITCI ) in 2023 with ~86% YoY growth. Recommended For You More Trending News Recommended For You More Trending News About ITCI Stock Related Stocks Trending Analysis Trending News Show less Read more
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