Send to a Friend Share

Pfizer (PFE) Subsidiary Enters Epinephrine Auto-Injector Settlement (MYL) (SNY)

February 16, 2012 11:04 AM EST
MYL Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

Revenue Growth %: -99.9%
Mylan Inc. (Nasdaq: MYL) and Pfizer Inc. (NYSE: PFE) report that Meridian Medical Technologies, a Pfizer subsidiary, has entered into a settlement agreement with Intelliject and Sanofi-Aventis (NYSE: SNY) that will resolve pending patent litigation related to Intelliject's 505(b)(2) new drug application (NDA) for its epinephrine auto-injector known as e-cue, which will be manufactured and marketed by Sanofi-Aventis. According to the terms of the settlement, Intelliject and Sanofi-Aventis may launch e-cue no earlier than Nov. 15, 2012, subject to receipt of final approval from the U.S. Food and Drug Administration.

Meridian manufactures EpiPen Auto-Injector and Mylan Specialty markets and distributes the product in the United States.


Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!

You May Also Be Interested In


Related Categories

Corporate News, FDA

Add Your Comment





Follow StreetInsider.com On Twitter