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Perrigo Settles Patent Litigation On Generic Version Of Nascobal Nasal Spray

Perrigo Company plc (PRGO) said that it has settled its Hatch-Waxman litigation relating to Nascobal Nasal Spray brought by Endo Pharmaceuticals Inc. It did not disclose terms of the settlement.

According to IQVIA, annual market sales for the 12-months ending June 2019 were $90 million.

Perrigo Executive Vice President and President Rx Pharmaceuticals Sharon Kochan said, ".... Our R&D, operations and legal teams continue to work diligently and relentlessly to introduce new generic products that provide savings to patients and healthcare systems."

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