Avanir Reaches Settlement With Sandoz On Generic Versions Of Nuedexta Capsules

(RTTNews) - Avanir Pharmaceuticals, Inc. (AVNR) Wednesday said it has entered into a settlement agreement with Sandoz, Inc. to resolve pending patent litigation in response to Sandoz's abbreviated new drug application seeking approval to market generic versions of Avanir's Nuedexta (dextromethorphan hydrobromide/quinidine sulfate) capsules.

The settlement agreement grants Sandoz the right to begin selling a generic version of Nuedexta on July 30, 2026, or earlier under certain circumstances.

The parties have also agreed to file a stipulation and order of dismissal with the United States District Court for the District of Delaware, which will conclude this litigation with respect to Sandoz.

The settlement does not end Avanir's ongoing litigation against the other four ANDA filers.