financetom
Business
financetom
/
Business
/
Pacira Biosciences Settles Patent Litigations Over Local Analgesic
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Pacira Biosciences Settles Patent Litigations Over Local Analgesic
Apr 7, 2025 3:37 PM

06:01 PM EDT, 04/07/2025 (MT Newswires) -- Pacira Biosciences ( PCRX ) said Monday it settled the litigations with Fresenius Kabi USA, Jiangsu Hengrui Pharmaceuticals and eVenus Pharmaceuticals Laboratories related to patents for Exparel.

The parties will file consent judgments with the US Court of Appeals for the Federal Circuit and the US District Courts for the Districts of New Jersey and Illinois that enjoin Fresenius from marketing generic bupivacaine liposome injectable suspension before the expiration of the patents-in-suit.

In settlement of all outstanding claims in the litigations, Pacira agreed to provide Fresenius with a license to Pacira's patents to manufacture and sell certain volume-limited amounts of generic bupivacaine liposome injectable suspension in the US beginning on an undisclosed date in early 2030.

The license will permit entry of generic bupivacaine liposome injectable suspension before the July 2, 2044, expiration date of the last-to-expire of Pacira's Orange Book-listed patents for Exparel.

Exparel is a local analgesic used to decrease sensation in a small area post surgery.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Akanda Launches $2.5 Million Securities Offering; Shares Rise
Akanda Launches $2.5 Million Securities Offering; Shares Rise
May 17, 2024
11:25 AM EDT, 05/17/2024 (MT Newswires) -- Akanda ( AKAN ) said Friday it expects to raise about $2.5 million in gross proceeds from the sale of securities to an accredited investor. The offering comprises nearly 2.5 million common shares at $0.1031 apiece and almost 21.8 million pre-funded warrants to purchase an equal amount of shares at $0.103 per share,...
Diamond Hill Investment Group Insider Sold Shares Worth $396,000, According to a Recent SEC Filing
Diamond Hill Investment Group Insider Sold Shares Worth $396,000, According to a Recent SEC Filing
May 17, 2024
11:26 AM EDT, 05/17/2024 (MT Newswires) -- James F Laird Jr, Director, on May 15, 2024, sold 2,500 shares in Diamond Hill Investment Group ( DHIL ) for $396,000. Following the Form 4 filing with the SEC, Laird has control over a total of 28,000 shares of the company, with 28,000 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/909108/000123450124000003/xslF345X03/wk-form4_1715959275.xml Price: 155.00, Change:...
Boeing shareholders vote to re-elect CEO Calhoun to board
Boeing shareholders vote to re-elect CEO Calhoun to board
May 17, 2024
May 17 (Reuters) - Boeing Co ( BA ) shareholders voted to re-elect outgoing Chief Executive Dave Calhoun to the planemaker's board at the company's annual meeting, as per a preliminary tally. Proxy adviser Glass Lewis had last month recommended shareholders vote against the reelection of Calhoun and two other Boeing ( BA ) directors, citing dissatisfaction over the efforts...
Market Chatter: BlackRock Gets Extension of Investment Contracts From Oklahoma Public Employees Retirement System
Market Chatter: BlackRock Gets Extension of Investment Contracts From Oklahoma Public Employees Retirement System
May 17, 2024
11:29 AM EDT, 05/17/2024 (MT Newswires) -- BlackRock ( BLK ) has received approval for the extension of investment contracts from the Oklahoma Public Employees Retirement System, Bloomberg reported Friday, citing an email from Joe Fox, executive director of the pension. Pension board members extended the contracts with the company at a Thursday meeting for managing $7.3 billion of investments,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved