ESPR Settles Nexletol/Nexlizet Patent Litigation With RDY, Stock Up [Yahoo! Finance]
Dr. Reddy's Laboratories Ltd (RDY)
US:NYSE Investor Relations:
drreddys.com/investors
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Source: Yahoo! Finance
Reddy's Laboratories RDY related to patents for the marketed drugs, Nexletol (bempedoic acid) and Nexlizet (bempedoic acid and ezetimibe). Per the settlement terms, Dr. Reddy's has agreed not to launch a generic version of Nexletol or Nexlizet in the United States before April 19, 2040, except under certain limited conditions that are customarily included in such agreements. The settlement agreement resolves the patent litigation brought by Esperion on RDY's abbreviated new drug application (“ANDA”), seeking marketing approval for a generic version of each of Nexletol and Nexlizet in the United States before the applicable patents expire. Shares of Esperion were up 13.8% following the announcement of the news on Oct. 3. The stock has risen 50% so far this year compared with the industry's growth of 14.1%. Zacks Investment Research Image Source: Zacks Investment Research More on the ESPR's Patent Settlement With RDY Esperion markets bempedoic acid as Nexletol and Nexliz
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RDY
Earnings
- 7/24/25 - Beat
RDY
Sec Filings
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- RDY's page on the SEC website