Thursday, November 27, 2014 6:03:39 AM
The Forfivo XL patent was supposed to be protected until June 2027 as can be seen here...
http://www.q1medicare.com/PartD-BrandNameDrugPatentExpirationsRX.php?startLtr=D&endLtr=F&startYear=2006&endYear=2100
While Horst had said they had very strong intellectual property rights on Forfivo XL, it obviously wasn't strong enough to prevent a generic from coming into the market 9 years before patent expiration. (2018 is the expected approval time for Wockhardt's ANDA)...
Now the big question was whether Intelgenx will receive licensing revenue! Judging by the court documents, it looks like they will not be receiving licensing revenues. It appears that Wockhardt will sublicense under Edgemont, giving Edgemont sublicensing revenues...
While at first glance it would appear that Intelgenx got nothing out of this deal, a closer look shows that the revenues that Intelgenx receives on sales of Forfivo XL should improve dramatically, albeit, not until 2018, and only on sales within North America because Intelgenx never filed a EMA application for Forfivo XL...
Wockhardt is a global operation based in Mumbai India, so the big question now is, will they want to sell their generic globally as well? And how would they go about that? I guess it really wouldn't matter seeing as how Intelgenx didn't protect their global marketing!
Here is a link to the court document. Bear in mind that listening to the conference call will yield more information than is provided in this court document!
http://www.4shared.com/office/tbfjuCD3ce/Intelgenx_vs_Wockhardt_Settlem.html
Recent IGXT News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 08:00:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/20/2024 10:25:33 PM
- Form 253G2 - • Edgar (US Regulatory) • 02/20/2024 07:07:33 PM
- Form QUALIF - Notice of Qualification [Regulation A] • Edgar (US Regulatory) • 02/20/2024 05:15:08 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 10:22:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 09:12:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 09:12:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 08:58:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 08:56:54 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 08:56:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 08:55:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 08:52:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 08:51:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 08:50:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 08:48:53 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 12/11/2023 09:16:43 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/04/2023 01:26:48 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/28/2023 09:18:42 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 09:10:11 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 10/16/2023 08:30:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/12/2023 08:01:53 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 10/06/2023 08:00:26 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 09/07/2023 01:22:58 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM