Axsome Therapeutics Announced That It Has Entered Into A Settlement Agreement With Unichem Laboratories Ltd. Resolving Patent Litigation Related To Axsome's Product Sunosi (solriamfetol)
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Axsome Therapeutics has entered into a settlement agreement with Unichem Laboratories Ltd. to resolve patent litigation related to Axsome's product Sunosi (solriamfetol).
June 05, 2024 | 11:40 am
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POSITIVE IMPACT
Axsome Therapeutics has resolved its patent litigation with Unichem Laboratories regarding its product Sunosi. This settlement removes legal uncertainties and could positively impact Axsome's stock price in the short term.
The settlement removes legal uncertainties surrounding Sunosi, which could lead to a positive market reaction as investors gain confidence in the product's future revenue potential.
CONFIDENCE 90
IMPORTANCE 80
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