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pharmaceutical-investing

Corcept Therapeutics Files Lawsuit Against Teva Pharmaceuticals for Infringement of Korlym Patents

Gabrielle Lakusta
Mar. 16, 2018 08:39AM PST
Pharmaceutical Investing

Corcept Therapeutics (NASDAQ:CORT), a company engaged in the discovery, development and commercialization of drugs to treat severe metabolic, oncologic and psychiatric disorders by modulating the effects of the stress hormone cortisol, today announced that it has filed a lawsuit in the U.S. District Court for the District of New Jersey against Teva Pharmaceuticals USA, for …

Corcept Therapeutics (NASDAQ:CORT), a company engaged in the discovery, development and commercialization of drugs to treat severe metabolic, oncologic and psychiatric disorders by modulating the effects of the stress hormone cortisol, today announced that it has filed a lawsuit in the U.S. District Court for the District of New Jersey against Teva Pharmaceuticals USA, for infringement of Corcept patents covering the use of Korlym® (mifepristone) 300 mg Tablets (“Korlym”).

As quoted in the press release:

Corcept filed suit in response to Teva’s Abbreviated New Drug Application (“ANDA”), filed by Teva seeking U.S. Food and Drug Administration (“FDA”) approval to market and sell a generic version of Korlym prior to the expiration of Corcept’s U.S. Patent No. 8,921,348, which expires in 2028, and U.S. Patent No. 9,829,495, which expires in 2036. Both patents are listed in the FDA’s Approved Drug Products with Therapeutic Equivalence Evaluations (commonly referred to as the “FDA Orange Book”). Corcept filed the lawsuit on the basis that the use of Teva’s proposed generic product will infringe these patents.

Click here to read the full press release.

pharmaceutical-investing fda-approval new-drug-application corcept-therapeutics food-and-drug-administration
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