Teva, Amgen end dispute over generic Cinacalcet HCl tablets

Reuters

Published Jan 02, 2019 09:34PM ET

Teva, Amgen end dispute over generic Cinacalcet HCl tablets

(Reuters) - Teva Pharmaceutical (NYSE:TEVA) Industries Ltd (TA:TEVA) said on Thursday it will pay an undisclosed amount to settle an ongoing dispute with Amgen Inc (O:AMGN) over its generic Cinacalcet HCl product.

The Israel-based drugmaker has also agreed to stop selling the generic product until its license date in mid-year 2021, or earlier under certain circumstances https://reut.rs/2BUnEad.

Teva said it recently received approval for the generic product and launched it in the United States.