Orexo: Worst-Case Scenario Averted

 | Nov 28, 2016 04:46AM ET

The court ruling upholding the validity of the Orexo AB (ST:ORX) ’996 Zubsolv patent precludes Actavis (NYSE:AGN) from launching a generic before September 2019. Orexo has 30 days to decide whether to appeal the court decision that a second patent (’330 with 2032 expiry) is invalid. A worst-case scenario allowing imminent launch of Actavis generic(s) has been averted. Zubsolv’s IP portfolio includes two additional patents (’900 and ’421) that extend to 2032, which coupled with the prospect of an appeal on ’330, means that significant hurdles remain ahead of Actavis generic launch.