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Teva settles patent litigation with Amarin; gets rights to market generic Vascepa in US

Executive Summary

Teva Pharmaceutical Industries Ltd. and Amarin Corp. PLC have settled patent litigation surrounding Teva's ANDA for generic Vascepa (icosapent ethyl) capsules. Under the settlement, Teva can market icosapent ethyl in the US beginning on August 9, 2029. Vascepa is a single molecule product consisting of the omega-3 acid known as EPA in ethyl-ester form and is proven to lower triglyceride levels without raising LDL-cholesterol levels. Ongoing patent litigation continues with West-Ward Pharmaceuticals Corp and Dr. Reddy's Laboratories Inc.
Deal Industry
  • Pharmaceuticals
    • Generic Drugs
Deal Status
  • Final
Deal Type
  • Alliance
    • Marketing-Licensing

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