Supernus Pharmaceuticals Wins Infringement And Validity Case On Trokendi XR
Portfolio Pulse from Benzinga Newsdesk
Supernus Pharmaceuticals (SUPN) won a court case against Torrent Pharmaceuticals and its subsidiary, confirming the infringement and validity of patents related to Trokendi XR. The U.S. District Court for the District of New Jersey ruled that Torrent's submission of an ANDA to the FDA for a generic version of Trokendi XR infringed on Supernus' patents.
February 05, 2024 | 1:37 pm
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Supernus Pharmaceuticals wins a significant legal battle over Trokendi XR patents against Torrent Pharmaceuticals, ensuring protection of its intellectual property.
Winning a patent infringement case is crucial for pharmaceutical companies as it protects their intellectual property and market exclusivity. This victory for Supernus Pharmaceuticals not only secures its rights over Trokendi XR but also potentially boosts investor confidence, reflecting positively on its stock price in the short term. The ruling prevents Torrent Pharmaceuticals from marketing a generic version of Trokendi XR, safeguarding Supernus' revenue from this product.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100