Biotech Values

[DewDiligence]

The financial terms in these kinds of settlements generally remain confidential, but the agreed upon launch date for the generic drug is typically disclosed. From the text you posted:

…or earlier under certain circumstances.

This phrase is industry standard; it means that, if a company who is not a party to the settlement launches its own generic drug before the agreed upon launch date in the settlement, the generic-drug company that is a party to the settlement can launch its generic at the same time.