HomeNewsWorldTeva to hold Indivior generic drug launch pending US ruling

Teva to hold Indivior generic drug launch pending US ruling

The pair's Indian rival Dr.Reddy's Laboratories is currently locked in a legal battle in the United States to re-launch a cheaper version of the UK drugmaker's Suboxone Film.

September 12, 2018 / 12:47 IST
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Teva Pharmaceuticals has agreed to hold off launching its knock-off version of Indivior Plc's blockbuster opioid addiction drug until the resolution of a US Court case on another generic rival, Indivior said on Wednesday.

The pair's Indian rival Dr.Reddy's Laboratories is currently locked in a legal battle in the United States to re-launch a cheaper version of the UK drugmaker's Suboxone Film.

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Indivior also reiterated its full-year net revenues guidance of $25 million to $50 million from its new opioid addiction drug Sublocade, on which the company has pinned its hopes after the legal battles.

Reuters
first published: Sep 12, 2018 12:45 pm

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